http://www.deutsche-bank.de/leistung/trader/privbank.htm (Einblicke ins Internet, 10/1995)
In order to address the needs of banks or bank subsidiaries with an investment banking focus and a strong private banking business db trader offers a fully integrated private banking extension to its core modules.
The three major areas are the Current Account Module, the Cash Window Functionality and the Customer Output Management. Of course, other realted functionaities for a Private Bank are fully avaialable, especialy the Credit Risk Module with its Global Linits facilities, the Money Market and Freign Exchange functions as well as all the Trade Entry and Trade Processing functions for all instruments covered by db trader.
Highlights
Linked Currency and Security Trading AccountsAccount Administration (Open / Close / Reactivate)Automated Fee / Interest / Tax Calculations and ProcessingDeposits, Withdrawals and Transfer of FundsCash WindowCustomer Credit & Risk ManagementPositions by Trade Date and Value DateCustomer Statements / Output in 6 LanguagesManaged accounts can be groupedDepot PriorityBlocking of AccountsPeriodic Printing of StatementsThe db trader Current Accounts Module together with the Account Master Files handles all the client account booking and maintenance functions.
The module encompasses the three basic areas of Account Administration, Account Inquiry and Customer Statements.
Account Administration
This includes all the necessary functions required to open, maintain, close, or reopen an account:All types of customers are accommodatedInterest calculation and payment are automated:
Automatic calculations on closeVariable rateDifferent calculation basis by currencyAdditional surcharge for debit balanceDifferent interest close periodsAccount administration also includes the following related
functions, which are required for account maintenance: Depot
Priority, Blocking of Accounts, and the Periodic
Settlement of Accounts.Account InquiryThis function provides an overview of the account position and static data and all historical data associated with the account. For example, users are able to access information concerning the terms and conditions related to the account such as Settlement Frequency, Posting Fees, Interest Calculation Basis. Historical data items like Account Postings, and Fee Charges are also available here.
Customer StatementsAll transactions are booked via the Current Accounts module. A current account accepts debit and credit postings arising out of any type of transaction. Separate but linked accounts can be maintained in all currencies and all precious metals. Withdrawals / debits and transfers of funds are handled.
The module provides on-line, real-time positions. The module has the ability to display account information according to booking date and value date. Real time, on-line account movement data and account balance data is readily available.
Verification controls consistent with the "four eyes principal" are in place. Account access is controlled.
If an account is closed and later reopened, the system has the capability to reopen the account automatically with the previous account conditions (e.g., fee structures, while taking into consideration all updates and amendments made to the benchmark).
Interest calculation is automated. Fees are automatically calculated by value date (on-line) upon the closing of an account. At such time the system reads the balance file and determines whether there are suitable funds to cover the fees being charged.
The db trader Cash Window functionality is to support the essential teller transactions.
The following Cash Window business transactions are handled.
Cash DepositsCash WithdrawalsCheck DepositsCheck EncashmentCash ExchangesTraveler's ChecksCoupon EncashmentAccount InquiryThe customer's current accounts and credit limits are viewable on-line in order to verify sufficient funds for cash withdrawal and check encashment.
DB TRADER CUSTOMER CREDIT AND RISK MANAGEMENT CSM40
041294 Customer Credit Limits SCR 1
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CUSTOMER: 40456 - AHTISAARI
Global Limits: 125 CCY: USD
Letter of Credits: 10,000,000 CCY: USD
Current A/C Limit: 44,444,444 CCY: HKD
Sub. Limits: CCY AMOUNT VALID UNTIL VERIFICATION STATUS
ATS 5,555,555 10195 VERIFIED
ARA 3,333,333 90194 VERIFIED
DEM 20,000 90194 VERIFIED
HKD 1,000,000 90194 VERIFIED
JPY 222,222 90194 VERIFIED
USD 100,000 90194 VERIFIED
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1-Update 2/4/5-Paging 6-Credit Group 7-Guaranteed By
8-Delete 11-Tables 12-Assets & Liab 15-Hardcopy 16-Exit
Customer output, which can be produced in any language depending on a specific customer's preferences, includes a variety of types encompassing: Current Account Statements, Customer Portfolio Statements, Confirmations and Corporate Action letters.
The Multi-Language Facility of db trader Private Banking is fully table driven and highly customizable. The default installation covers six languages (English, German, French, Italian, Spanish and Portuguese).
Current Account Statements Cash Flow ManagementAvailable Cash BalancesPending (Unsettled) TransactionsPeriodic MailingCustomer Portfolio StatementsAnalysis by:CategoryCurrencyCountryIndustryOn-line update and production for up-to-the-minute informationConfirmationsDetailed Fee and Tax InformationFX Exchange RatesDetailed Interest InformationCorporate Action Letters Information about all Upcoming Corporate EventsPrinted Answer Letters for Maximum Customer Ease of Instructions Issuance
