Case Study: Deutsche Bank achieves €10m savings and stronger credit risk management with GFT Technologies

Deutsche Bank improves risk manager productivity by 25% with GFT Technologies

Deutsche Bank, a leading global investment bank, faced the challenge of modernizing its outdated and complex credit risk technology system. The legacy system, comprised of over ten standalone applications, led to data duplication, manual errors, and an inability to keep pace with regulations. To address this, Deutsche Bank engaged GFT Technologies for its financial technology expertise to overhaul the system and implement microservices.

GFT Technologies implemented a comprehensive solution that included redeveloping critical applications, adopting a microservices architecture, and consolidating data from over 200 sources into a single source of truth. This resulted in over €10 million in savings, a 25% improvement in Risk Manager productivity, and a drastically improved regulatory posture. The project positioned Deutsche Bank to easily adapt to future regulations and revolutionized its ability to manage credit risk.

Deutsche Bank