Deutsche Bank launches digital market entry solution for India

Deutsche Bank has launched AccessIndia, an interactive web-based solution for clients that offers automated digital market entry to expedite licensing for foreign portfolio investors (FPIs). AccessIndia is a comprehensive solution designed to support foreign investors, such as asset managers and insurance companies, who need to set up new investment vehicles in India. Key intermediaries such as global custodians will also benefit from AccessIndia by gaining process efficiencies in the FPI licensing process, including documentation, due diligence and workflow management. In addition to providing guidance to a prospective institutional investor with respect to completing all prescribed documentation, AccessIndia also helps in completing the applicable KYC requirements, paving the way for an end-to-end single-window entry to the Indian securities market. During the pilot phase, AccessIndia was used for live FPI applications by Banque Pictet, the Swiss private bank, as well as several other large clients.