Expanding on its Autobahn App Market for the Indian market, Deutsche Bank has rolled out two new applications, one for managing asset servicing reporting and the other for corporate payments.
The first application, Securities Portfolio Manager, provides a single access point to a variety of custody, securities clearing and fund administration reports for institutional clients like mutual funds and insurance companies.
The other app, Cash Manager app, leverages Deutsche Bank’s global payment processing engine and facilitates straight through processing of payments and collections for corporates in India.
The bank plans to deploy the applications in other markets through the rest of 2014 and 2015.
“We are pleased to introduce the Cash Manager and Securities Portfolio Manager apps in India first,” says Anjali Mohanty, head of Global Transaction Banking—India at Deutsche Bank. “This clearly demonstrates the importance of this market to the Bank and the clients we serve globally.”
Deutsche Banks Debuts Transaction Banking Apps
Expanding on its Autobahn App Market for the Indian market, Deutsche Bank has rolled out two new applications, one for managing asset servicing reporting and the other for corporate payments.
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