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TAS Group Head Office

Via Cristoforo Colombo 149
Rome
IT

TAS France Office

15, traverse des Brucs
Valbonne, Sophia Antipolis
FR

TAS Iberia Office

C/Juan Camarillo
Madrid
ES

TAS International Office

via Serafino Balestra 22A
Lugano
CH

Tasamericas Office

Rua Lourenço Marques, 315 (Kogut Labs) – Vila Olímpia
São Paulo
BR

TAS USA Office

Empire State Building 350 Fifth Avenue,41st Floor
New York
NY
US

TAS Germany Office

Wilhelm-Hale-Str. 50,
München
DE

TAS Eastern Europe Office

Bulevar Mihajla Pupina 115 Ž
New Belgrade
RS

Telephone

+39 051 458011

Contact

Roberta Ganeo
[email protected]
Back to all TAS Group announcements

Germany’s leading securities settlement service provider dwpbank and Italy’s fintech leader TAS Group work together on achieving industry leadership in liquidity management

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.”