For the seventh year running, FImetrix, the research firm for financial institutions, has recognised Deutsche Bank as a "Distinguished Provider for EUR Global Transaction Banking Services"
The accolade, which acknowledges the market's leading performers as judged against a data-based benchmark, indicates that the Bank has gone "above and beyond the market standard" when it comes to supporting clients with their correspondent banking needs.
As part of the process, FImetrix surveyed senior executives at more than 551 of the largest banks in 85 countries, with respondents rating providers of cash management and trade services on their operational efficiency, customer service, technology, product range, and employee skillsets.
Ole Matthiessen, Deutsche Bank's Global Head of Cash Management, commented: "This is the seventh year in a row (since the accolade was started in 2013) that Deutsche Bank has won this award and underpins our position as the world's leading EUR cash clearing provider. This outstanding achievement reflects our unrelenting commitment to these areas of the business."
To read the FImetrix press release, click here.
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