ADVANCED MARKETS INTRODUCES INDUSTRY’S FIRST FULLY SEGREGATED TRIPARTY CUSTODY ACCOUNT STRUCTURE
Advanced Markets (AM), A Direct Market Access (DMA) FX trading firm, has announced a strategic partnership with Deutsche Bank National Trust Company (DBNTC) to offer an innovative fiduciary global deposit solution to its clients. The product will be offered to AM’s global corporate, institutional and high net worth- qualified individuals that trade foreign exchange on the AM Advance Trader Pro platform.
Geoff Gooch, Chief Financial Officer of AM stated,“This global solution pairs an innovative way to give our clients a safe, interest earning deposit with the breadth and depth of a well-rated and well-respected international organization.” Gooch went on to say, “This further solidifies our relationship with Deutsche Bank as a global provider and enhances what we can deliver to our growing client base.”
Advanced Markets selected DBNTC based on its history of providing exceptional service on its deposit, trust and custodial solutions to leading global banks, investors and brokers. As one of the top trustee and custodial banks globally, Deutsche Bank brings an expert team of highly experienced and knowledgeable professionals to deliver solutions from the simplest to the most complex transactions.
Steve Eason, Director of US Regional Trust Offices for DBNTC, said, “This continues to be the focus of the DBNTC product suite: creating customized solutions for clients that have growing international needs.”
The relationship aligns two organizations with operations in Charlotte, NC; AM’s global headquarters is located in Charlotte, NC and DBNTC maintains its US Regional Trust headquarters in Charlotte, NC.