Money & Banking

Deutsche Bank launches two transaction banking apps

Our Bureau Mumbai | Updated on August 25, 2014 Published on August 25, 2014

Deutsche Bank today launched two new transaction banking apps in India on the Autobahn App Market.

“Leveraging a global payment processing engine, the Cash Manager app facilitates straight-through processing of payments and collections for corporates in India, including e-Tax payments. The app also has an innovative dashboard feature that consolidates information, enabling clients to gain quick visibility into their account balance positions, payment statuses and key reports,” the bank said in a statement.

The new Securities Portfolio Manager app acts as a single access point to a large variety of reports across custody, securities clearing and fund administration. With an intuitive, flexible and user-friendly report retrieval process, Deutsche Bank’s institutional clients, such as mutual funds and insurance companies, benefit from a more efficient daily workflow.

The Autobahn App Market is the first app-based electronic client offering in the financial services industry, providing access to Deutsche Bank’s electronic products, services and intellectual property, including the Bank’s transaction banking services, award-winning research, commentary, pricing, analytics and execution tools.

Anjali Mohanty, Head of Global Transaction Banking – India at Deutsche Bank, said: “We are pleased to introduce the Cash Manager and Securities Portfolio Manager apps in India first. This clearly demonstrates the importance of this market to the Bank and the clients we serve globally. The Autobahn App Market has been developed by exercising great discipline leveraging synergies and best practices from across the entire organisation, and by using the valuable feedback we received from our clients. It exemplifies our client-centric product development strategy.”

Published on August 25, 2014
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