Deutsche Bank’s Press Release from this week’s SIBOS provided important examples of how cash and liquidity management is developing. It contained details of two recent service offerings for their partner banks: 

• Guaranteed US Plus product, launched in 2013, which enables FIs to direct individual payments originating outside the US to the local mass payments network, which ensures next day value with control over deductions. As a result, they can achieve end-to-end pricing transparency and improved fee and deduction management.
• Cash Inquiry App, which has seen record adoption for the App in Deutsche Bank’s Autobahn App Market. The new Cash Inquiry App, currently used by more than 1,500 clients, facilitates faster and more cost-effective research, providing real-time insights on USD, GBP, EUR or multi-currency high value, FX4Cash and SEPA payments and receipts. The navigation dashboard, screens and search functions have been designed to ensure optimised workflows.

New Optimized Payment Liquidity Solution

In early 2015, Deutsche Bank’s institutional cash clients will be able to use a new Optimized Payment Liquidity Solution from the bank. This will, Deutsche Bank claim, “Improve the efficiency of intraday liquidity by processing more payments using the same amount of available liquidity. A sophisticated algorithm will be used to sequence payments to optimize clients' overall cash flow and use of liquidity.” 

Deutsche Bank believe that, “This is increasingly critical as regulatory forces, market infrastructures and tighter financial discipline are driving FIs globally to manage liquidity they hold with their correspondent banks more effectively.”

---

CTMfile take: The phrase “increasingly critical as regulatory forces, market infrastructures and tighter financial discipline are driving FIs”, also applies to many corporates. The Optimised Payment Liquidity solution is exactly what corporates will need as the drive to manage intra-day liquidity grows.