Deutsche Bank Private Wealth Management UK has connected to Calastone, with immediate effect. 

Using the latest version of the Calastone Execution Management System, Deutsche Bank Private Wealth Management UK will use Calastone's straight-through-processing approach to import orders and send them to the market.  This approach removes any need for manual order entry processing and reduces risk by automating business flow processing. It also provides visibility of order acceptances and rejections and offers real time pricing information.

Participants on the network send transactions and orders electronically via Calastone's transaction network which normalises any message format to Calastone ISO 20022. As such, participants can communicate via common standards, regardless of whether their counterparty uses another messaging protocol or communication method.