Deutsche Bank reduces IT services dependency

Deutsche Bank has significantly reduced its reliance on IT services companies, shifting from a 70% dependency model to just 30% over the past five years, according to Bernd Leukert, chief technology, data, and innovation officer at Deutsche Bank.

“Yes, it has reduced… We are now close to achieving 70% with internal engineers. But when we started this journey five years ago, it was roughly only 30%,” Leukert told FE.