News

Deutsche Bank buys Indian fintech firm

Digital connectivityDeutsche Bank has acquired a software company based in Mumbai to improve digital connectivity in its global transaction banking department. The team at Quantiguous Solutions will join the transaction bank’s global API (application programming interface) team, which is working on an Open Banking initiative to make it easier for clients to access services. “This acquisition significantly ups the game for Deutsche Bank’s Open Banking strategy,” said Thomas Nielsen, chief digital officer, global transaction banking at Deutsche Bank. “The injection of this high-quality talent pool from Quantiguous into the bank’s digital franchise will help us go to market faster.” Akhilesh Kataria, founder and chief executive of Quantiguous, said the acquisition was “a remarkable opportunity for us to build an Open Banking platform on a global scale”. Deutsche Bank did not disclose the value of the transaction. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.

SINGAPORE ROUNDTABLE: Small nation, big ambitions

Apr 18, 2018

Our cross-industry panel discussed fund passporting, robo-advisers and the potential of a new investment structure, the S-Vacc. Chaired by George Mitton in Singapore.