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Deutsche Bank Sells Postbank Systems to TCS

November 11, 2020 by FTF News

Deutsche Bank Sells Postbank Systems to TCS

Sale Underscores Deutsche Bank’s Transformation Deutsche Bank is selling Postbank Systems AG to outsourcing giant Tata Consultancy Services (TCS), a key milestone in the bank’s efforts to streamline operations and transform itself. “Under the terms of the transaction, TCS will acquire 100 percent of the shares of Postbank Systems AG from Deutsche Bank AG,” according… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, FinTech Trends, Back-Office, Standards, Performance Measurement, Regulatory Reporting Tagged With: analytics, automation, back office, corporate actions, data management, Deutsche Bank, financial analytics, performance measurement, Postbank Systems, regulatory reporting, Securities Operations, settlement

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