Deutsche Bank’s Securities Services business has been recognized as the top provider in Emerging Markets by network managers worldwide at the Global Custodian Awards. The accolades, announced during ceremonies in London and Singapore, highlight Deutsche Bank’s commitment to delivering an exceptional custody experience for clients.
The bank received several prestigious awards, including:
- Voted by Network Managers – Best Provider in Emerging Markets Overall
- Voted by Network Managers – Best in Emerging Markets Asia
- Agent Bank of the Year – Emerging Markets Overall
- Best in Class for Custody Services – Overall, Asset Servicing – Asia
- Editors’ Choice Award, Asset Servicing Partnership of the Year – in partnership with CIMB Islamic Bank
- Editors’ Choice Award, Innovation in AI Technology – Project Aggie in partnership with Kodex AI
The innovation award for Project Aggie underscores the Securities Services team’s focus on technology and innovation. Project Aggie uses a large language model (LLM) prototype to analyze regulatory texts in local market languages and provides a fully referenced summary or impact analysis in English, assisting clients in navigating the regulatory landscape.
These awards affirm Deutsche Bank’s consistent performance in emerging markets and its Global Hausbank strategy, which aims to meet clients’ evolving needs by offering comprehensive solutions across all business areas.
Paul Maley, Head of Securities Services, expressed pride in the recent successes at the Global Custodian awards, particularly the ‘Best Custody Provider in Emerging Markets’ category, which was voted on by network managers globally.
“We are also delighted to receive the Editors’ Choice for Innovation in AI Technology for Project Aggie in partnership with Kodex AI,” Paul added. “And a hearty congratulations must also go to our partners at CIMB Islamic Bank, with whom we shared the Editors’ Choice award for Asset Servicing Partnership of the Year, based on our new Shariah-compliant domestic custody offering in Malaysia. We are very proud on behalf of all our colleagues that contributed to this success.”
Deutsche Bank’s Securities Services business provides a wide range of solutions for financial institutions and corporates, including custody and clearing, asset servicing, securities financing, and liquidity services. With a global presence in over 30 markets, Deutsche Bank leverages its extensive network and local expertise to tailor solutions to specific client needs. They prioritize digital and data tools to ensure efficient and secure operations, while maintaining a strong focus on client satisfaction and regulatory compliance.
