HCL to digitise Deutsche's cheque processing
Deutsche Bank has partnered with HCL Technologies to digitise the bank's global, chequeprocessing operations by 2019. Under the agreement, HCL will build a cloudbased, digital and fullyscalable, cheque-processing platform for the bank. The new platform is expected to go live in 2019, according to a press statement. The new, cloud-based, IT platform will enable Deutsche Bank to further reduce the complexity of its IT landscape, decrease cost, increase straightthrough processing capabilities and efficiencies in cheque processing.