Deutsche Bank AG, India has launched two web-based wealth management tools which are designed to enhance retail clients’ ability to manage and plan their wealth.

The tools, db WealthPro and db InvestPro, provide Deutsche Bank’s clients with a consolidated view of their wealth across transaction and investment accounts, credit cards and lending relationships. Clients can also use the tools to track the performance of their portfolio, analyse their investments and carry out simulations on them, including the purchase and redemption of mutual funds.

db WealthPro and db InvestPro enable clients to generate portfolio statements on demand and to contact relationship managers online. Additionally, users can sign up to receive alerts ranging from product maturity dates to portfolio returns.

“This new launch not only empowers our discerning customers to control and plan their own wealth but also provides them with a holistic financial planning approach. We will continue in our endeavour to create and provide innovative products and services for our clients to suit their financial needs across their life cycle with us,” said Pankaj Narain, head of Private Clients, Banking & Investments, Deutsche Bank, India.

Deutsche Bank, which has a presence in 72 countries, established its first branch in India in 1980. Deutsche Bank’s Indian operations cover global markets, investment banking, global equities, asset management, corporate and transaction banking and private wealth management; retail banking services were launched in 2005.