Deutsche Bank launches dbIntegrate
It is an outsourced solution providing end-to-end execution, settlement and custody services.
According to a release, Deutsche Bank addressed the challenge for banks and brokers of liquidity fragmentation in equity markets with the launch of dbIntegrate, an outsourced solution providing end-to-end execution, settlement and custody services.
Connectivity to multiple exchanges, investment in algorithms and smart order routers, and resource and collateral costs from dealing with multiple central counterparties are prohibitive for banks and brokers operating in today’s complex equity markets. dbIntegrate is a front-to-back office solution that leverages Deutsche Bank’s extensive footprint and expertise in equity markets to reduce these cost and resource constraints.
Deutsche Bank’s execution technology accesses over 70 equities trading venues globally and the bank is a direct custodian in 33 markets. This allows Deutsche Bank to take ownership of the entire trade lifecycle whilst bank and broker clients benefit from significant efficiencies.
dbIntegrate combines Deutsche Bank’s expertise in securities brokerage, settlement and custody to make access to the equity markets more cost efficient for clients. Banks and brokers benefit from Deutsche Bank’s award-winning trading and execution network combined with the services of a leading custodian bank with a global presence.
dbIntegrate is powered by Deutsche Bank’s Autobahn electronic trading platform and the capabilities of its Direct Securities Services (DSS) division. Autobahn offers customised trading content and analytical solutions, including an extensive suite of algorithms and a Direct Market Access (DMA) offering. DSS has one of the world’s largest securities services agent bank networks with a global presence in Asia Pacific, the Middle East, Europe and the Americas. DSS provides comprehensive settlement, custody and related services.
Andrew Morgan, Co-Head of Equity Trading for EMEA at Deutsche Bank, said: “Equity trading has never been more complex. dbIntegrate levels the playing field by leveraging Deutsche Bank’s sophisticated execution capabilities and broad footprint across equity markets to help banks and brokers manage this complexity in an operationally efficient manner.”
Thibaud de Maintenant, Global Head of Direct Securities Services at Deutsche Bank, said: “With this new service offering we are providing added value solutions to our clients, helping them to navigate the complexity of trading and clearing possibilities in the most competitive way.”