Deutsche recently finalised an agreement with Fireapps, an exposure management company that connects to a corporate's enterprise resource planning (ERP) systems, cleaning and compiling data to assess its exact FX exposure. By providing access to Fireapps service, Deutsche Bank believes it will help clients build a clearer global picture of their exposures. Clients will have clarity as to exactly where their exposures are.

Deutsche Bank says this is the starting point for taking its clients to a new level of automation, streamlining workflows where they can load the rules and policies of the company into their Autobahn Corporate Treasury platform and set parameters. This will be linked to their execution platform, so totally automating FX management.

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The linking of the bank FX execution platforms with the advanced exposure management systems like FiREapps could, eventually, bring an end to efficiently processing FX transactions that should not have been made in the first place.