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Deutsche Bank - Treasury & IATA Processing
This operation involves management of cheques, encoding activities, back-end processing in relation to clearing activities, reconciliation of cheque clearing and MIS. IATA processing is a backend operation for settling dues between the airlines - coordinated by IATA - and the travel agencies.

Deutsche Bank - Cash Management
This operation involves processing of high value, MICR, non-MICR and outstation cheques, preparation of vouchers, encoding of cheques and preparation of batch tickets and block tickets and reconciliation.

Morgan Stanley is setting up a new business process outsourcing facility at Mumbai, with over 1,600 people. A significant portion of the investment bank's back-end operation is likely to move to India, which includes investor query services, back-end processing and research back-up. Bank is also likely to outsource accounting related work from India.

Deutsche Bank has launched Deutsche Network Services Pvt Ltd (dNETS) for payment and cash management processing. A wholly-owned subsidiary of Deutsche Bank, dNETS will process payment transactions for Deutsche Bank entities around the world including those located in New York, Frankfurt, London and several Asian countries.

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*Contributed by -
Deepa Dubey,
PGDIM IXth Batch,
NITIE Mumbai.