Deutsche Bank Teams up with FinLync to Deliver Instant Access to Real-time Treasury for Corporates

Deutsche Bank today announced its partnership with FinLync, a global fintech company offering products that are transforming corporate finance and treasury offices. FinLync's pre-built API integrations and SAP-embedded treasury applications will enable corporate treasury and finance teams to connect to Deutsche Bank's API offerings rapidly and easily.

FinLync's technology directly embeds up-to-the-moment bank data into any enterprise resource planning (ERP) platform or treasury management system (TMS), enabling plug-and-play access to Deutsche Bank's comprehensive suite of innovative APIs. Other benefits include more-precise cash forecasts and improved working capital efficiency.

"Our integration with FinLync makes it much easier for corporates to adopt our banking APIs and shortcut the road to automated, real-time treasury," says Kerstin Montiegel, Global Head Client Connectivity / Digital Client Access Channels at Deutsche Bank. "FinLync's pre-built API integrations and SAP-native applications significantly reduce the complexity of building and maintaining individual API integrations with SAP and other ERPs for our clients."

Phillip Klein, co-founder and CEO of FinLync, said: "We are excited to join forces with Deutsche Bank's renowned Corporate API Program. We will support its clients by making bank API connectivity a simple plug-and-play experience, enabling corporates to manage liquidity in real-time and ultimately supporting faster, more-informed decision-making".

The partnership demonstrates Deutsche Bank's commitment to developing bank APIs that foster efficient and strategic actions, as well as FinLync's position as the global market leader in multi-bank Application Programming Interface (API) connectivity and ERP-native apps. Both parties plan to co-innovate and broaden the range of pre-integrated Deutsche Bank APIs to additional use cases, including eBAM and expanding the applications of beneficiary account validation.