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ITM102 – Case 1
1-12) Identify the problem described in this case study. What management,
The management of Deutsche Bank's main problem was because they were not up to date with
the technology at the time. The system could not perform at its best since most information was
being processed manually without taking advantage of information technology. Being at the top
of the world’s financial companies would mean that with so much traffic, doing most things
manually with the possible presence of human errors would create problems very quickly. The
CEOs and the management believed that it was not going to be a great deal to run things the old
fashion way but soon enough they realized that they were mistaken.
1-13) What was the role of information technology at Deutsche Bank? How was IT
business strategy?
The role of Information Technology was a big deal for the bank as they lacked the skills to deal
with all the information effectively in the past. IT would help the bank to deal with all sorts of
data gathering and report management and the rest of the information processing efficiently.
They wanted to make sure that they would not run into similar problems with clients and
regulators due to the improper way of managing their data. The goal was to gain the trust of
1-14) Was Deutsche Bank using technology effectively to pursue its business
Deutsche Back history has shown that there was no technology at use to even pursue any
strategies. They would get fined and receive complaints from all over the world. Some of these
fines included the 7.2 billion penalty in 2008 to resolve U.S regulators complaints and the CFTC
complaints in 2016. Their technology was out of date and they could no longer follow up with
the amount of information that the bank was receiving since storing it was the hardest part for
them.
1-15) What solution for Deutsche Bank was proposed? How effective do you think it
In February 2015, the bank had a 10-year multi-billion-dollar deal with Hewlett Packard to fix
the IT infrastructure to begin making things right. One of the main focuses of this plan was to
reduce costs in all sorts of ways. Running the information on remote computer centers would
allow for better storing and overall services. Avoiding high-risk relations with customers was
also another change in the system for the bank. I believe that all these changes would see its
results over time but as of now, it is the best and only way to fix Deutsche Bank problems and