Thailand-based SCB Securities (SCBS) will use Deutsche Bank's dbIntegrate for equity execution, settlement and custody, the bank has announced.
Run through Deutsche Bank's Autobahn platform, dbIntegrate's functionality converts equity trades into settlement instructions, while the single-agent usage is designed to promote cost reduction and trade efficiency.
"With the recent relaxation of regulations in Thailand for offshore investments, there is a new demand for efficient cross-border transactions from local financial institutions, and dbIntegrate is the ideal solution to address these needs,"" says Vikas Arora, head of global transaction banking at Deutsche Bank. We look forward to continuing to work with SCBS."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails