Deutsche Bank is Germany's leading bank and is present in 70 countries. It is based on the four customer segments: private customers, corporate customers, institutional clients and asset management customers.
Deutsche Bank's Operational Excellence (OpEx) initiative launched a cost-cutting program in the area of Asset Wealth Management (AWM) - Infrastructure Rationalisation and Application Decommissioning (IRAD).
adesso has taken over the subproject management for application shutdowns and various supporting activities in the area of PMO. The experts have designed and implemented a process for the identification and structured implementation of shutdowns. Over a period of two years, more than 150 applications were shut down or replaced and a double-digit million amount of running costs saved.
adesso has worked with Deutsche Bank on a project to connect the PB|BHW Retail business to the Decision Engine (rating tool for determining the customer rating and a credit decision-making recommendation) in order to achieve the joint advanced internal ratings-based approach (A-IRBA) Basel II for the Deutsche Bank Group.
The result empowers the Deutsche Bank Group to use its own internal estimation to determine the capital requirements for Deutsche Bank and Postbank|BHW. This was not possible with the previously used heterogeneous rating procedures (Deutsche Bank and Postbank|BHW).
After Deutsche Bank has completed Windows 7, adesso has taken over the project management for Asset Wealth Management (AWM) and has converted more than 5,000 clients worldwide.
adesso has taken over the conversion and new packaging of AWM-specific applications for automatic software distribution for Deutsche Bank.