Deutsche Bank Launches 'db-netting,' an Innovative Global Netting Solution for Corporates
This state-of-the-art solution offsets intercompany payments and reduces foreign exchange volumes, as part of the Bank’s Internet banking strategy. This Internet-based tool includes netting features of the most advanced systems on the market such as multiple file upload channels, automated report distribution, internal foreign exchange (FX) deals and integrated settlement. Using the technology of db-direct Internet, Deutsche Bank’s web-based electronic banking product, db-netting supports decentralised access to centrally maintained data. Clients also have the option to include the full functionality of db-direct Internet. This powerful cash management platform supports virtually every financial operation, enabling corporates to view information on a real-time basis from their accounts as well as settle and optimise their payment flows whenever and wherever they want.