Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
globe

16126

Deutsche Bank wins global cash management mandate from JetSmarter

RELATED TOPICS​

Deutsche Bank has been appointed as global cash management bank for JetSmarter, a mobile application that gives flyers access to the largest private aviation marketplace in the world.

As part of the agreement, JetSmarter gains access to Deutsche Bank's unique technology, providing them with a single access point for their cash management operations. JetSmarter will benefit from Deutsche Bank’s advanced cross-border payment capabilities and global footprint across the US, EMEA and Asia, as well as the Bank’s enhanced payment reconciliation capabilities. This custom solution also delivers Deutsche Bank’s full FX capabilities to JetSmarter allowing for payout in over 130 currencies and collections in 40.

"As JetSmarter’s services expand worldwide, Deutsche Bank will enable our company to operate at all hours of the day from any location,” says Gennady Barsky, Chief Financial Officer of JetSmarter. “With global cash access to 132 currencies, we can now offer seamless payment options for our customers and vendors around the world.”

“Deutsche Bank continues to deliver leading treasury solutions that empower technology driven companies to meet the challenges and complexities of international growth,” says Martin Runow, Head of Cash Management for Corporates, Americas, Global Transaction Banking at Deutsche Bank. “JetSmarter and its users will benefit from our extensive global network, robust payments architecture, and the full support of our universal banking model.”

Deutsche Bank is well-recognised for its cash management capabilities for corporates as well as its robust FX platform. The Bank was ranked as a top three international cash management provider for corporates in Euromoney’s 2014 Cash Management Survey and has ranked as a top three FX bank in Euromoney’s FX poll for over 10 years.

Latest News

RQI Investors, an Australian-based active quantitative equities manager and part of the First Sentier Investors..
UK-based wealth management companies London & Capital and Waverton have announced that they have reached..
Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence..

Related Articles

British pound coin
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates at the Pensions and Lifetime Savings Association investment conference have heard...
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates..
Sustainable Economy Top Panel
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Pension funds
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s net zero and levelling up ambitions...
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s..
Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by