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Technology news

Deutsche Bank and Kyndryl continue partnership


12 October 2022 Germany
Reporter: Lucy Carter

Generic business image for news article
Image: Tierney
IT infrastructure services provider Kyndryl has extended its contract with Deutsche Bank, continuing to support its operations and aiding its technology development.

Kyndryl will continue to run the bank’s continental European core banking, offering on-demand scalability and global services availability to clients.

Alongside this, the company will work on integrating automation and securities technologies into its mission critical IT infrastructures to improve day-to-day efficiency.

Piloting hybrid networking solutions in the bank’s data centres, Deutsche Bank will be able to improve workflow, data and tooling integration.

The partnership aims to develop the bank’s use of cloud computing, as it begins to adopt public cloud services and migrate its critical business operations. Kyndryl’s relationship with Google Cloud will aid this service, as will its almost two decades’ long familiarity with Deutsche Bank’s operations.

James Rutledge, global head of delivery at Kyndryl, says: “We’ve stood side by side with Deutsche Bank for nearly two decades as they’ve evolved their business and shaped the future of banking. As we continue our work together, we’re committed to helping them deliver reliable and secure services to customers while [laying] a future-forward foundation that helps them bring more innovative offerings to market,”

Merlin Jung, managing partner of the Deutsche Bank account for Kyndryl Germany, adds: “We have deep experience helping Deutsche Bank deliver secure and reliable services to their customers. As we continue our work together, we’re supporting them as they set the pace for digital transformation across the financial industry.”
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