13 JUIN 2016

German dwpbank and TAS Group achieving excellence in liquidity management

Frankfurt and Milan, 13 June 2016 : – Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure. dwpbank and TAS Group cooperate in order to reach three main objectives with this project:


  • End-to-end liquidity management in commercial banking money (correspondent) and in central banking money (T2 and T2S)
  • Effective, real time, intraday cash management in compliance to the BCBS 248 regulation
  • State-of-the-art liquidity management services and reporting for dwpbank customers.


With 1,500 member banks in total, more than 75% of all German banks use dwpbank’s securities settlement processes and systems.

dwpbank manages approximately 5.2 million securities accounts for savings banks, cooperatives, and private and commercial banks across various sectors. These securities accounts represent nearly EUR 1,3 billion assets under custody.

TAS Group is the leading supplier in Italy for treasury & collateral management and trading, post-trading and compliance in the Securities business, with 20 customers already migrated to T2S last year.

After 15 years working in clearing and settlement for securities and cash for commercial banks and market infrastructure providers such as Central Banks, CSDs and CCPs, the TAS Group value proposition today is to provide integrated liquidity management, leveraging information on any liquid asset for optimized, real time cash forecasting.

To increase and accelerate its commercial and technological strategy at an EU level, TAS has indeed chosen Frankfurt, the heart of the Eurosystem, to recently open its 6th international subsidiary. “We are convinced that the cooperation with TAS Group will professionalize our liquidity management even further and therefore meet the needs of the financial markets,” stated Frank Elbe in charge of Treasury Services at dwpbank in Frankfurt.

Mario Mendia, TAS Group’s Divisional Director, explained, “We are proud to work with dwpbank, serving 75% of all banks in Germany, which will bring our expertise together to reach the service excellence that the market requires today.


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