20 August 2017
Find out more

DrKW spins off Aspelle tech company

11 March 2002  |  1332 views  |  0 Dresdner Ext

Dresdner Kleinwort Wasserstein (DrKW) has spun off inhouse corporate data services development venture Aspelle from its information technology incubation programme.

The company provides solutions enabling secure, anytime, anywhere access to corporate resources for customers, partners and employees, in a .NET environment. It was originally created as a joint effort between the investment bank and Microsoft.

Klaus-Michael Geiger, chief information and technology officer of Dresdner Bank, says Aspelle evolved out of a need by the bank to provide users across the organisation with access to corporate resources. "Aspelle was originally created when we could not find any existing technology in the marketplace that could meet all of our needs, particularly in the area of security," he explains.

Geiger continues: "Recognising the full potential of such a solution, we chose to incubate the concept and develop the opportunity commercially as an independent spin-off. We are confident that the company has the right combination of technology, management expertise and financing to succeed on its own."

Aspelle plans to launch its flagship product in the second quarter of 2002.

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

DrKW contracts with PFS TraderTools for FX data dissemination

DrKW contracts with PFS TraderTools for FX data dissemination

11 March 2002  |  2614 views  |  0 comments
Deutsche upgrades BrokerMerit using .NET technology

Deutsche upgrades BrokerMerit using .NET technology

08 March 2002  |  3828 views  |  0 comments
Beta banks talk up Microsoft .NET experience

Beta banks talk up Microsoft .NET experience

13 February 2002  |  3589 views  |  0 comments
ABN Amro spins off middleware business

ABN Amro spins off middleware business

25 January 2002  |  5315 views  |  0 comments
DrKW introduces fantasy stock trading programme

DrKW introduces fantasy stock trading programme

21 January 2002  |  5761 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9043 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7862 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7273 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6484 views 1 | 5 tweets | 3 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
6355 views comments | 14 tweets | 12 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job