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Thunderhead solution increase efficiency, security at Deutsche Bank.

BANKING AND CREDIT NEWS-April 23, 2015-Thunderhead solution increase efficiency, security at Deutsche Bank

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Thunderhead said Deutsche Bank has selected Thunderhead ONE as its capital markets' cloud-based solution to support all trade documentation. The solution can enable the bank's employees to manage communication-template creation, composition, negotiation and execution.

The solution enables business users to communicate and collaborate in real-time, streamlining paper processes across the entire trading lifecycle - effectively reducing costs, increasing transparency and simplifying compliance, while ensuring to remain compliant with the evolving regulatory landscape.

ONE for Capital Markets was developed with advisory support from a working group of industry representatives from the G15 investment banks to ensure market compliance in line with CFTC (Commodity Futures Trading Commission) and ESMA (European Securities and Markets Authority) rules.

In addition, a separate working group, led by Thunderhead, was established to develop and implement an industry standard that would:

Help industry members to demonstrate control around relationship documents, in line with Dodd Frank and EMIR regulations

Showcase Thunderhead's ONE for Capital Markets as the solution of choice to enable industry members to work effectively, in a controlled environment, with relationship and trade documentation

Thunderhead is the industry standard for trade and relationship documentation and provides a range of powerful SaaS capabilities as part of its ONE engagement hub that lead the customer engagement market.

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Publication:M2 Banking & Credit News (BCN)
Date:Apr 23, 2015
Words:239
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