Deutsche Bank Partners with Oracle to Accelerate Technology Modernization
FRANKFURT, Germany and AUSTIN, Texas, June 24, 2021 /PRNewswire/ --Oracle and Deutsche Bank, one of the world's largest financial services organizations, today announced a multi-year collaboration to modernize the bank's database technology and accelerate its digital transformation.
- FRANKFURT, Germany and AUSTIN, Texas, June 24, 2021 /PRNewswire/ --Oracle and Deutsche Bank, one of the world's largest financial services organizations, today announced a multi-year collaboration to modernize the bank's database technology and accelerate its digital transformation.
- Migrating its systems to Oracle Exadata Cloud@Customer will enable Deutsche Bank to consolidate existing critical applications on a single platform while complying with its data residency requirements and significantly reducing operational costs.
- Our collaboration with Oracle to modernize our databases will play an important role in our overall technology transformation," said Bernd Leukert, Chief Technology, Data and Innovation Officer, Deutsche Bank.
- Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud.For more information about Oracle (NYSE: ORCL), please visit us at oracle.com .