Deutsche Bank acquires India-based Quantiguous Solutions
May 15, 2018

Deutsche Bank today announced that it has acquired Quantiguous Solutions, a Mumbai-based software company, to strengthen its Global Transaction Banking franchise. The bank says that this will accelerate the development of its Open Banking platform that forms the core for developing innovative client applications and connecting corporate clients, financial technology (FinTech) and partner companies to its Transaction Banking platforms and services.

“The future of banking depends on connectivity which is key to drive growth for our global franchise,” said John Gibbons, Head of Global Transaction Banking. “The need to provide an easy-to-use, seamless customer experience, with new digital services offered across a broad number of touchpoints has never been greater.”

Said Thomas Nielsen, Chief Digital Officer, Global Transaction Banking at Deutsche Bank: “This acquisition significantly ups the game for Deutsche Bank’s Open Banking strategy. The injection of this high-quality talent pool from Quantiguous into the bank’s digital franchise will help us go to market faster.

Deutsche Bank will take over all employees of Quantiguous. It says they will join the core team responsible for the development and roll-out of the transaction bank’s global application programming interface (API) programme.

Neither party has so far disclosed the value of the transaction.





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Deutsche Bank today announced that it has acquired Quantiguous Solutions, a Mumbai-based software company, to strengthen its Global Transaction Banking franchise. The bank says that this will accelerate the development of its Open Banking platform that forms the core for developing innovative client applications and connecting corporate clients, financial technology (FinTech) and partner companies to its Transaction Banking platforms and services.

“The future of banking depends on connectivity which is key to drive growth for our global franchise,” said John Gibbons, Head of Global Transaction Banking. “The need to provide an easy-to-use, seamless customer experience, with new digital services offered across a broad number of touchpoints has never been greater.”

Said Thomas Nielsen, Chief Digital Officer, Global Transaction Banking at Deutsche Bank: “This acquisition significantly ups the game for Deutsche Bank’s Open Banking strategy. The injection of this high-quality talent pool from Quantiguous into the bank’s digital franchise will help us go to market faster.

Deutsche Bank will take over all employees of Quantiguous. It says they will join the core team responsible for the development and roll-out of the transaction bank’s global application programming interface (API) programme.

Neither party has so far disclosed the value of the transaction.



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