Deutsche Bank has gone live with dbClear Listed Derivatives Matching.
The new service will provide Deutsche Bank’s clients with real-time visibility into the futures and options trade life cycle from execution to settlement.
The company says clients will benefit from improved risk management, trade processing and client service.
dbClear Listed Derivatives Matching connects the client, clearing broker and executing broker using Traiana Harmony for Exchange Traded Derivatives. It provides straight-through-processing, allocation, reconciliation, and confirmation for listed derivatives trades. This allows Deutsche Bank to match, allocate and execute post-trade processes for futures and options in real-time to ensure any mismatches are identified immediately.
Drew Bradford, global head of listed derivatives at Deutsche Bank, says: “This launch is another step in our commitment to innovation and the provision of top quality service to our clients. We are looking forward to using this service to extend and expand our listed derivatives offering to clients over the next few months.”
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