Deutsche Bank Launches Workflow Automation Solution for APAC Markets

Deutsche Bank announced the launch of GEM Connect, a component-based solution designed to address workflow challenges across collections, payments, funding and FX in APAC markets with capital restrictions. Developed by the bank’s Corporate Bank and Fixed Income & Currencies business units in APAC, GEM Connect links treasury processes together into automated workflows, simplifying complex processes for clients moving money to, from and across markets with capital restrictions. Using any combination of GEM Connect’s components, such as its rules-based FX execution tool and payment and hedge matching solution, Deutsche Bank can provide a one-stop liquidity and FX management solution for its clients in emerging markets such as India, Indonesia, Korea, Mainland China, Malaysia, Philippines, Taiwan and Thailand. GEM Connect will also be rolled out in other emerging markets outside of the region.