Munich based DAB BNP Paribas Bank has launched a 100% digital platform for asset managers.
The new platform offers fully automatic fee management and online product deals. For example, the analysis sheet on the German Securities Trading Act is available on the Internet. Opening an online account already exists.
The modular system automatically generates a corporate strategy and an asset management contract. Documents are also available online.
Earlier, DAB BNP Paribas had introduced an automatic strategy reconciliation at the end of 2017, which made it possible to set dates for an automatic portfolio adjustment. Since then, new customer funds can be created automatically according to the existing allocation, or shares can be sold for a desired deduction.