Deutsche Bank has signed a five year contract worth $60 million with AT&T for the supply of networking and telecommunications services in the US.
Under the contract AT&T will standardise the data and voice communications platform that supports Deutsche Bank's 37 locations in America and links with the bank's US-based commercial communications architecture.
The platform will support a range of capabilities including e-mail, proprietary databases, online transactions and voice telephony. AT&T will also provide local, long-distance and international data and voice services, as well as Internet and calling card services.
Robert Healy, managing director, global networks, Deutsche Bank, says: "In addition to meeting our needs today, we're counting on AT&T to help us design and manage a networking infrastructure that anticipates the needs and opportunities of tomorrow."
The contracts win makes AT&T Deutsche Bank's primary telecommunications carrier in the US. The firm also provides connectivity between the bank's data hubs in New York and New Jersey.