In Boston at its annual conference the Association for Financial Professionals (AFP) announced a
partnership with IBM to develop a comprehensive treasury benchmarking
program. The multi-year project is being underwritten by Deutsche Bank
Global Transaction Banking, which will also promote the program through
its global network. The first study in the program covering treasury
operations will be launched in March 2008 and results will be announced at the 2008 AFP Confernce in Los Angeles next Fall.