Post Trade Services Newsletter

Transcription

1 Post Trade Services Newsletter Issue 1: May 2014 Welcome to the first Deutsche Bank Post Trade Services quarterly newsletter. The purpose of this publication is to keep you informed of the key Post Trade Services developments on Autobahn. Autobahn Since 1996, Autobahn has been connecting clients to Deutsche Bank s innovative electronic product and service offerings. Originally launched as a conduit for trading, Autobahn App Market now offers an integrated experience and provides seamless electronic access to Deutsche Bank s Post Trade Services. The services are a cross product and cross functional automated offering designed to assist you in managing your Post Trade lifecycle events in addition to access to key market and regulatory updates. Contents Pg 2 An introduction to Post Trade Services on Autobahn Pg 3 Spotlight on Portfolio Reconciliation Manager and TradeMatch Pg 4 Day in the life TradeMatch Pg 5 Launch of the web page and quarterly pipeline Pg 6 App appendix We welcome your feedback, ideas / suggestions for this and any additional information on any of the enclosed material. Or to hear more about any of the Post Trade Services please contact the team. Post Trade Services Client Manager Kerry Quinlan kerry.quinlan@db.com Group contact posttradeapps@list.db.com Technology Support Europe Americas Asia autobahn@db.com Post Trade Services Web Page: html/post_trade_services.html

2 An intro to Post Trade The Benefits Single access point to the broad range of electronic services available within the Post Trade space (eg; PRM, TradeMatch, CFC) Increases productivity and exception management Improves STP Provides real-time data access Seamless connection and interoperability with Deutsche Bank s Operational Client Service Teams and Product Experts Helps you to meet your regulatory mandated requirements Clear audit trail, fully accessible by trade ID s The Experience Browse and arrange your most used Apps in one place Benefit from advanced search and filter functions that make finding the right App simple and intuitive Create your own App library by saving your favourite Apps in the My Apps area To access the Autobahn App Market Online, please go to the Autobahn App Market page on the internet. 2 Post Trade Services Newsletter Issue 1: May 2014

3 Spotlight on Post Trade Services recently launched onto Autobahn App Market We are pleased to announce the launch of Portfolio Reconciliation Manager, a new service on the Autobahn App Market. We are also pleased to announce a significant upgrade of TradeMatch to version 3.0. Portfolio Reconciliation Manager (PRM) Portfolio Reconciliation Manager (PRM) EMIR and Dodd Frank regulations mandate timely, proactive portfolio reconciliation and resolution of discrepancies. PRM enables you to easily and effectively review, affirm and dispute directly via the App. TradeMatch 3.0 TradeMatch enables you to view, query and comment on all pre and post settlement Equity trades exceptions. The recent TradeMatch release sees 29 new additional functionalities. These new features will help position you and your Equity prematch and fail management process effectively ahead of forthcoming T+2 changes. Key Functionalities and Benefits Portfolios published securely via the App, up to five historic publications on demand Provide affirmations to remain regulatory compliant Notify of reconciliation breaks and dispute through the App and communicate directly with your Deutsche Bank Client Service Team to reach an agreed resolution Key Functionalities and Benefits Auto Refresh: All views now have an Auto Refresh option. Simply double click the refresh button and the Auto Refresh will be activated. The Auto Refresh is set to every 15 minutes Progress Status: Set your own progress to a trade (Open, Pending, Done), either per trade or in bulk, and filter accordingly. Progress will be reset each night to allow a fresh view the following day 3 Post Trade Services Newsletter Issue 1: May 2014

4 Day In The Life TradeMatch Earlier this year, a short survey was conducted with a Deutsche Bank representative and a client currently live on the App. Client representative Christopher Lauf, Equinet Bank, Head Of Operations Deutsche Bank Equity Client Services representative What was the settlement process prior to TradeMatch? The situation before relied on s and phone calls. Understanding the settlement status and then to resolve the issue took direct contact. Prior to a client adopting TradeMatch the process was very manual and reactive. How has the process changed since TradeMatch? The process has changed entirely... All trades can be viewed at a glance...all conversations are now managed within TradeMatch and that helps us to avoid unnecessary communications. More efficient, all trade details are in App and communication is therefore targeted. We are now able to prematch earlier in the trade lifecycle, where client s so wish (2 days prior to SD where markets enable). Any key functionality to highlight? Ability to add comments and see Deutsche Bank s response. Also, TradeMatch helps in specific markets where prematching is not possible, using TradeMatch we can free match....any messages we exchange with the client are locked down to a particular trade, which results in a clear audit trail. We update the status of trades on a daily basis. What are the key benefits? TradeMatch really helps us address the problem, no separate s or telephone conversations are needed and it saves us time. TradeMatch provides Deutsche Bank with an opportunity to provide much greater visibility to clients. Any other comments? We have seen other Broker portals and they are nowhere near as good as Deutsche Bank s... Working together our relationship with Deutsche Bank has profited. Our ideas and innovations are taken seriously, Deutsche Bank are very open and we are kept informed of all the changes. The whole process really makes us feel valued as a client of Deutsche Bank. Two of the key features of TradeMatch are visibility of trade status and communication between Deutsche Bank and Client. Leading up to T+2 these features will be extremely beneficial. TradeMatch gives us a platform to provide regular updates on any trades and quickly drill down to resolve any issues. 4 Post Trade Services Newsletter Issue 1: May 2014

5 Web Page Launch We are pleased to announce the launch of the Post Trade Services Web Page to provide you with an easy to navigate and content-rich space. How to Access? html/post_trade_services.html The Benefits An overview of all of the Post Trade Services products available to you Download material including User Guides and Factsheets on all of the Post Trade Apps Quick access to Autobahn App Market Stay informed with the latest news on Post Trade App Services Find out key updates with the current product listings Online content 24hrs a day Other useful links and support contacts Site Content Introduction to Post Trade Apps Post Trade App catalogue Benefits and offering of Post Trade App services Newsletter available on demand Online walkthrough of key Apps within Post Trade Services Provides key contact information with Autobahn support and Deutsche Bank client service groups Post Trade Services Quarterly Plan Enhancements and Releases 1st Quarter 2014 TradeMatch APAC (New Release) TradeMatch will made available to Deutsche Bank APAC Equity Service teams and its clients TradeMatch 3.0 (Enhancement) TradeMatch to release 29 new additional functionalities based on internal and client feedback. Portfolio Reconciliation Manager (Enhancement) To release client affirmation, dispute notification and resolution functionality for easy, and effective portfolio reconciliation. Coming soon 2nd Quarter 2014 FI Allocations (New Release) An App to enable clients to provide Deutsche Bank with Fixed Income trade booking allocations 5 Post Trade Services Newsletter Issue 1: May 2014

6 Post Trade Services Introducing a suite of Apps available in the Autobahn App market. Cashflow Confirmation (CFC) Derivative Cashflow management Approve or query your cashflows directly with Deutsche Bank in this simple App. On-demand access to cashflow records Faster and efficient cashflow settlement Derivatives Document Affirmation (DDA) OTC trade affirmation Affirm or query your OTC derivatives documents directly with Deutsche Bank. Real Time, on-demand access to key trade economics Accurate trade confirmation TradeMatch Equity pre-match and settlement tool Cash Equities Enjoy a detailed summary of your presettled trades to efficiently manage your trade exceptions. Trade status refreshed every 15min Fewer failed trades through efficient exceptions management Portfolio Reconciliation Manager (PRM) Regulatory portfolio management Affirm or dispute your collateralised and uncollateralised portfolios with Deutsche Bank in line with current regulatory mandates Secure access to your open live OTC derivative trades with Deutsche Bank Quick and efficient affirmation, dispute notification and resolution Regulatory: Collateral management Regulatory Update (RU) Regulatory communications Stay informed on what is happening within the current regulatory environment and how it impacts you. Topical factsheets on key regulations FAQs and useful links to remain informed Clearing Regulatory Update (CU) Regulatory communications Catch the latest updates in derivatives relevant regulations. Regular Derivatives Update Newsletter Contact details for further information 6 Post Trade Services Newsletter Issue 1: May 2014

7 Marketing material This document is intended for discussion purposes only and does not create any legally binding obligations on the part of Deutsche Bank AG and/or its affiliates ( DB ). Without limitation, this document does not constitute an offer, an invitation to offer or a recommendation to enter into any transaction. When making an investment decision, you should rely solely on the final documentation relating to the transaction and not the summary contained herein. DB is not acting as your financial advisor or in any other fiduciary capacity with respect to this proposed transaction. The transaction(s) or product(s) mentioned herein may not be appropriate for all investors and before entering into any transaction you should take steps to ensure that you fully understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction. For general information regarding the nature and risks of the proposed transaction and types of financial instruments please go to HYPERLINK You should also consider seeking advice from your own advisers in making this assessment. If you decide to enter into a transaction with DB, you do so in reliance on your own judgment. The information contained in this document is based on material we believe to be reliable; however, we do not represent that it is accurate, current, complete, or error free. Assumptions, estimates and opinions contained in this document constitute our judgment as of the date of the document and are subject to change without notice. Any projections are based on a number of assumptions as to market conditions and there can be no guarantee that any projected results will be achieved. Past performance is not a guarantee of future results. This material was prepared by a Sales or Trading function within DB, and was not produced, reviewed or edited by the Research Department. Any opinions expressed herein may differ from the opinions expressed by other DB departments including the Research Department. Sales and Trading functions are subject to additional potential conflicts of interest which the Research Department does not face. DB may engage in transactions in a manner inconsistent with the views discussed herein. DB trades or may trade as principal in the instruments (or related derivatives) discussed herein. Sales and Trading personnel are compensated in part based on the volume of transactions effected by them. The distribution of this document and availability of these products and services in certain jurisdictions may be restricted by law. You may not distribute this document, in whole or in part, without our express written permission. DB SPECIFICALLY DISCLAIMS ALL LIABILITY FOR ANY DIRECT INDIRECT, CONSEQUENTIAL OR OTHER LOSSES OR DAMAGES INCLUDING LOSS OF PROFITS INCURRED BY YOU OR ANY THIRD PARTY THAT MAY ARISE FROM ANY RELIANCE ON THIS DOCUMENT FOR THE RELIABILTY, ACCURACY, COMPLETENESS OR TIMELINESS THEREFORE. Deutsche Bank AG, including its subsidiaries and affiliates, does not provide legal, tax or accounting advice. This communication was prepared solely in connection with the promotion or marketing, to the extent permitted by applicable law, of the transaction or matter addressed herein, and was not intended or written to be used, and cannot be used or relied upon, by any taxpayer for purposes of avoiding any U.S. federal income tax penalties. The recipient of this communication should seek advice from an independent tax advisor regarding any tax matters addressed herein based on its particular circumstances. DB is authorized under German Banking Law (competent authority: BaFin Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business. Deutsche Bank 2014