Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. In the two business segments Private and Small Business Customers, as well as Corporate Clients, the Bank offers a comprehensive portfolio of financial services which is precisely aligned to its clients' needs.
Commerzbank finances approximately 30 percent of Germany's foreign trade and is the leading finance provider for corporate clients in Germany. Due to its in-depth sector know-how in the German economy, the Bank is a leading provider of capital market products. Its subsidiaries Comdirect in Germany and mBank in Poland are two of the world's most innovative online banks.
With approximately 1,000 branches, Commerzbank has one of the densest branch networks among German private banks. In total, Commerzbank serves more than 18 million private and small business customers, as well as more than 70,000 corporate clients, multinationals, financial service providers, and institutional clients. In 2018, it generated gross revenues of €8.6 billion with approximately 49,000 employees.
Custody and Clearing
Commerzbank provides clients with an all-embracing offering for post-trade activities. Those services include OTC client clearing for the clearing of interest rate products at LCH.Clearnet and Eurex Clearing, Trade Repository Reporting in compliance with EMIR reporting requirements, as well as our award-winning custody and direct market access product delivering a client service focused state-of-the-art execution to custody product as well as a standalone custody offering, all provide a fast and economical solution for Germany, Europe and beyond.
TeamTek and Infosys have accompanied and supported Commerzbank on a journey that has aimed to achieve model simplification and furthers business expansion
For investment banks to continue to be the dominant players in this tough, ultra-regulated world, they cannot simply adopt new platforms. They need to be leaders in the digital trading revolution, says Rob Scott of Commerzbank
Robert Scott of Commerzbank considers how the security services, custodial and asset servicing businesses are pricing their offerings, and whether change is needed for the good of clients
Website
Technology
