HCL to digi­tise Deutsche's cheque pro­cess­ing

India Business Journal - - CORPORATE -

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.

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