The new service is powered by Elastic, where Deutsche Bank will use its machine learning and anomaly detection features.
Tag: Deutsche Bank
Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
Christian Sewing, CEO of Deutsche Bank, echoed comments he made at the institution’s AGM on consolidation for banks in Europe in the medium-term.
By leveraging previously established bots for a new digital solution, BNY Mellon and Deutsche Bank are aiming to improve custody processes for emerging market currency trades.
Deutsche Bank and Google have confirmed plans to sign a multi-year agreement that will transform the bank’s IT infrastructure and deliver new technologies.
Neal Pawar joined Deutsche Bank in September as chief information officer, but has now stepped down and departed due to personal reasons.
Deutsche Bank said it is one of the first institutions to integrate WhatsApp into its list of client interaction platforms via the Symphony Connect Solution.
The US derivatives watchdog said Deutsche Bank will settle two cases related to a technical outage of its swap reporting platform and alleged spoofing.
With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.