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Spring Rollout for Technology Advancements

Automating shippers' invoices, better dashboard graphics among the new crop.

By Staff Writer | Updated on April 21, 2009

Deutsche Bank has entered a partnership with INTTRA, an e-commerce platform for global shipping companies. Starting in the fourth quarter, Parsippany, N.J.-based INTTRA will allow global shippers and their customers to automate inefficient invoicing processes using Deutsche’s electronic invoice presentment and payment (EIPP) service, eBills. There are approximately 150 million invoice transactions a year in the $260 billion ocean container shipping industry, and the average cost per invoice is estimated at $20 to $60. Electronic processing can more than halve that cost, the bank says.

Feeling overwhelmed by the swings in financial markets? Northern Trust has enhanced the graphics capabilities of the Fundamentals Dashboard that it provides to asset managers and institutional investors via Passport, its online data platform. The enhanced graphics will help the bank’s clients to absorb large volumes of data and pinpoint anomalies, says Chicago-based Northern Trust.

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