Deutsche Bank today announced that it has jointly developed and implemented a unique cash management solution with General Electric's Treasury team in Japan. They have customised NTT Data's eBAgent® to streamline General Electric's Japanese Yen payment and reporting processes.

Deutsche Bank's Asia Multi-Bank Solution -Payments & Reporting Workflow

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Deutsche Bank's solution offers a single conduit to process multiple bank payments over NTT Data's ANSER® and harmonise the reporting into a unified format. Deutsche Bank's new solution enables corporates to consolidate their banking interfaces in Japan, saving on transaction and maintenance costs.