The Luxembourg-based DZ Privatbank S.A., the largest foreign subsidiary in the DZ Bank Group, has introduced the use of Retarus Managed Capture Services to enable the automated capturing of investment fund orders with immediate effect. As a result, the bank now profits from faster, more transparent workflows and a reduction in process costs and error rates.
Previously, employees at the bank were required to enter a huge amount of transactions manually on a daily basis, especially within the scope of the bank’s investment fund services. As part of their digitalization strategy, the financial institution was thus looking for an innovative, digital service to standardize these processes and speed them up substantially. With Retarus Managed Capture Services the DZ Privatbank S.A. is now well-placed to integrate those incoming orders which have not been received via electronic channels, such as SWIFT connections, into their own digital infrastructure in an efficient and transactional way.
You can find more details on this topic in our recent press release