Deutsche considers outsourcing European IT ops

Deutsche considers outsourcing European IT ops

Deutsche Bank is considering measures to outsource its European information technology infrastructure in a bid to cut costs and save at least EUR100 million annually.

Over the next few months, the bank says it will conduct a detailed investigation into the possible outsourcing of its IT infrastructure to an external service provider.

The outsourcing contract will cover computer centres, smaller server sites and the networks connected to them in Germany, Belgium, Italy, Luxembourg, Poland, Portugal and Spain.

Application development, the project management of new development projects and the maintenance of existing programs will remain the responsibility of the bank.

Klaus Thoma, a spokesman for the company, says the plan is expected to affect around 1000 staff in the region.

Potential bidders for the contract include Accenture, Computer Sciences Corp, Deutsche Telekom's T-Systems unit, Electronic Data Systems Corp and IBM.

A final decision is not expected by the bank before the end of the third quarter.

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