From Yahoo Finance: 2025-05-28 08:06:00

Deutsche Bank extends partnership with IBM, integrating IBM’s software solutions into its operations. The alliance grants access to IBM’s business and IT automation tools, hybrid cloud solutions, and Watson AI portfolio. Deutsche Bank aims to modernize and streamline its technology stack with the latest enhancements in the IBM Storage Protect software suite.

Deutsche Bank collaborates with IBM to refine business processes and IT infrastructure. The bank plans to phase out outdated systems, improve ROI, and enhance customer service through IBM’s technology. By engaging with IBM’s innovative software solution portfolio, Deutsche Bank aims to drive IT automation and simplify complex business processes.

In a funding round for Kosli, Deutsche Bank’s Corporate Venture Capital group and Heavybit co-led a Series A funding round. Kosli offers automated governance solutions for software delivery. This collaboration with IBM is expected to optimize Deutsche Bank’s operations and enhance its technology infrastructure.

Deutsche Bank’s global managing director Dominic Schulz expressed pride in intensifying the relationship with IBM. With access to IBM’s comprehensive offerings, including the Watson AI and automation portfolio, Deutsche Bank aims to analyze data more deeply, simplify complex processes, and drive IT automation. This partnership is crucial for the bank’s technology transformation and optimization efforts.



Read more at Yahoo Finance: Deutsche Bank to optimise operations with IBM’s software suite