Kyndryl to Continue Helping Deutsche Bank’s Technology Transformation

Kyndryl will continue to run Deutsche Bank’s Continental European core banking and mission critical IT infrastructures to support the bank’s technology transformation, to increase flexibility with on-demand scalability and global service availability. Furthermore, Kyndryl will support the bank’s cloud migration strategy as part of its broader effort to adopt public cloud services.

Kyndryl will support the enhancement of Deutsche Bank’s mission critical banking infrastructure by integrating automation and security technologies that are a part of the bank’s modernization strategy and drive efficiency in day-to-day operations. Kyndryl will also pilot hybrid networking solutions in Deutsche Bank’s data centers, further enabling integration of workflows and tooling.

Deutsche Bank will be able to improve data integration across its on-premises IT environment as it prepares for its longer-term cloud journey.

Kyndryl has the flexibility to tap into a broad set of technologies and skills, including its own global strategic partnership with Google Cloud, in support of Deutsche Bank’s specific transformation goals. Additionally, Kyndryl’s nearly decades-long knowledge of Deutsche Bank’s systems will play a part in helping to migrate some of its critical business operations to the cloud.

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking, and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and the Asia Pacific.

Kyndryl is the world’s largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The Company designs, builds, manages, and modernizes the complex, mission-critical information systems that the world depends on every day.

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