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Bank e-FX initiative of the year: Deutsche Bank

John Bartter at Deutsche Bank
John Bartter, Deutsche Bank

Innovation in electronic foreign exchange is as much about new entrants adding something unique as it is about experienced incumbents recognising the need for change. Deutsche Bank falls into the latter category, having operated a very successful FX platform since the late 1990s. But in 2011, the bank decided to tear down the existing platform and rebuild it again almost from scratch to render it more competitive.

"To keep up with the evolution in technology and have a platform that was nimble

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