Deutsche Bank is one of the leading global financialinstitutions rendering i.a. high quality bank services for Individual Clients and small and medium-sized enterprises. Being a leader in the area of financial services in Germany and Europe, Deutsche Bank systematically develops its activities. Asset Management Deutsche Bank PBC directs its offer to the more affluent clients suggesting them standard solutions as well as an individual approach.
Before the PROMAK-PORTFEL system was implemented AS DB PBC used for its activities only few IT applications which did not ensure an efficient management of all investment portfolios simultaneously. Thanks to the implementation of the system it is possible to concentrate all processes (transaction, accounting, settlements and reports) in one place and to manage them efficiently. Thanks to that the portfolio management, form the operational point of view, is much easier and less time consuming, and, as a consequence, it allows more focus on issues connected with gaining new clients, on observation of the market condition and making correct investment decisions.
The PROMAK-PORTFEL system is meant for companies and institutions dealing with investment activities on the basis of owned assets or assets entrusted for management. As it has a wide range of functions, it is predisposed to be used in investment fund societies, divisions/departments of broker offices rendering services in the area of management of discretionary portfolios, general pension societies and in other companies and institutions dealing with investment activities on the basis of owned assets or assets entrusted for management. An efficient management of securities portfolios requires tools of appropriate quality.
The PROMAK-PORTFEL system was created in order to make it possible for financial institutions to compre- hensively fulfill their tasks in a functional, flexible and reliable way. The PROMAK-PORTFEL system is being constantly developed enabling carrying out activities at a constantly developing investment market. The solution was implemented and started at AS DB PBC before the planned date.
Benefits
The implementation of PROMAK-PORTFEL at AS DB PBC changed a whole range of operational and investment processes in a significant way. The system enabled, first of all, an instant conclusion and settlement of portfolio transactions, a flexible reaction to information from the market and making quick investment decisions. An exceptionally valuable functionality is a possibility to group portfolios and to generate synthetic orders and then their automatic settlement within particular portfolios.
The time of sending reports to the Clients (generating statements), preparing investment results or the time of the process of accruing charges for management has been significantly shortened. A whole range of possibilities to parametrize the system makes it possible to adapt the system to individual needs and expectations of the Clients.
