The agreement will see Deutsche Bank upgrade its existing database systems and migrate the bulk of its Oracle Database estate to the cloud with Oracle Exadata Cloud@Customer.
Oracle says the move “will provide a dedicated platform to support and scale the bank’s existing mission-critical systems and services” as well as reduce operational costs.
“Our collaboration with Oracle to modernise our databases will play an important role in our overall technology transformation,” says Bernd Leukert, chief technology, data and innovation officer at Deutsche Bank.
