In an ever changing post-trade space, Deutsche Bank’s Global Head of Securities Services Michaela Ludbrook assesses how new technologies, combined with geographical reach and component-based services, make a difference in custody provision and create more value for clients
Picture this: you have just ordered a taxi on a ride-hailing app. While waiting for your ride, you download a TV series, recommended by an internet streaming channel based on what you have previously watched, and order a new pair of shoes from Amazon, which will arrive the next day.
If the vast amounts of data powering these services to provide tailored and personal insights to customers near real time, then could they also apply to securities services to effect the same level of speed, efficiency and transparency for investors? After some exploration, we believe the answer is yes.
However, mimicry of the current state of our personal lives in our business lives is not only dependent on the newer technologies that make this desired state possible, but also on their relevance in geographic markets across multiple service capabilities, in addressing clients’ need for efficiency, transparency, speed and cost reduction.