Despite being up for sale, Deutsche Bank Global Securities Services (GSS) remains determined to pursue business as usual. Today, it launches Db Instruct, a web-based, interactive settlement instruction entry tool designed to reduce operational risk and take end-to-end straight through processing to a new level of automation.
Db Instruct allows clients to input or import securities, cash and foreign exchange instructions directly into Deutsche Bank’s db portfolio system and view updated trade details and affected balances in one place.
“The availability of instruction entry through db portfolio provides clients with a secure, simple and tailored solution,” says Peter Jacaruso, Global Head of Product Development in Deutsche Banks’ Global Securities Services unit. “We are delighted to have reached this next step in the product development deployment schedule and we look forward to completing the full scale roll-out to all clients.”
Db Instruct is a component of db portfolio, Deutsche Bank’s integrated Global Securities Services web platform. Its capabilities allow clients to access real-time information and monitor up-to-the minute progress of transactions anytime and anywhere the internet is available.