24 October 2017
Register now

Deutsche Bank to add 400 staffers to North Carolina software development centre

21 June 2013  |  6486 views  |  0 Deutsche bank Head office Flag banner 1

Deutsche Bank unit DB Global Technology has vowed to spend $13.5 million expanding its North Carolina software development centre, creating 431 new jobs.

DB Global Technology was created by Deutsche Bank in 2009 through the opening of the Wake County centre, which currently employs around 250 people.

The site produces software applications for financial instrument trading, order management and transaction processing, algorithmic trading, risk calculation and Web-based front-end applications for the German banking giant.

Deutsche Bank chose Wake County after North Carolina's Economic Investment Committee awarded it a job development investment grant worth up to $9.4 million over 11 years, dependent on job creation, wages and investment commitments being met.

The bank has now decided to increase its presence in the area with the creation of 431 new jobs by the end of 2016 and another $13.5 million in investment as it expands operations to "focus on strategic application development work and the development of technology solutions".

John Eagleson, COO, DB Global Technology, says: "We are very excited to be growing in North Carolina and looking forward to continued success in hiring exceptional technical talent and providing world class software to our client."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Deutsche Bank buys Xchanging out of JV

Deutsche Bank buys Xchanging out of JV

15 May 2013  |  8188 views  |  0 comments | 2 linkedin
Deutsche Bank NY headquarters go solar

Deutsche Bank NY headquarters go solar

23 January 2012  |  5394 views  |  0 comments
Deutsche Bank to open North Carolina tech centre

Deutsche Bank to open North Carolina tech centre

17 August 2009  |  12031 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.atos.net

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19899 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15306 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11041 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9157 views comments | 15 tweets | 29 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job