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Deutsche Bank is a financial services leader, that operates in more than 50 countries. To simplify operations, Deutsche Bank is in the process of migrating more than 10,000 databases that underpin most of the bank’s applications, to Oracle Autonomous Database 23ai on Exadata Cloud@Customer. The migration to Deutsche Bank’s own private cloud, managed by Oracle, enables more stability, efficiency, performance, and helps to meet data residency regulatory compliance. Deutsche Bank will save in the low triple-digit millions of euros in costs and consume 50% less energy. By consolidating onto a single data platform that includes vector search and network graph analytics, employees can use AI to search both documents and financial information that further reduces data integration costs and time, with increased security.
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