Deutsche Bank Partners With HP for Data Center Services

Firms sign multibillion dollar agreement for 10 years.

deutsche-bank-web
Deutsche Bank and Hewlett-Packard have agreed to a 10-year, multibillion dollar outsourcing contract.

The partnership will allow Deutsche to upgrade and decrease its IT applications and transition them to the HP platform, which will be a multi-year project. Deutsche will still maintain IT architecture, application development and information security.

The deal is similar to one struck by Deutsche with IBM in 2002 that focused on technology surrounding retail banking. The agreement with HP, which will deal with infrastructure on the wholesale banking side, is no indication of Deutsche cutting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

This address will be used to create your account

Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here