TITLE

Deutsche's Overhaul Is Corporate To The Core

AUTHOR(S)
Johnson, Andrew
PUB. DATE
January 2011
SOURCE
Bank Technology News;Jan2011, Vol. 24 Issue 1, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Deutsche Bank AG in converting to a single core banking system in order to support its Global Transaction Banking operations in the U.S. It notes that the company chooses to upgrade to one core system because its ability to generate fee-based revenue on the retail side is constricted. The core system was developed by Tata Consultancy Services Ltd. that has several benefits which include licensing, maintenance and implementation and post-implementation support.
ACCESSION #
57402587

 

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