About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Deutsche Bank Releases Waltz Open Source Software

Subscribe to our newsletter

Deutsche Bank continues to fulfil its commitment to open source software with the release of code designed to help organisations gather information about their IT estate from multiple sources. The ultimate use case for the solution, called Waltz, is smarter decisions on technology investment.

The Waltz code is accessible via the GitHub platform and can be implemented to gather information on applications, infrastructure, data, processes and costs, pull it all together and provide an easy to use interface. The result is transparency of complex IT environments allowing smarter, faster and better decisions on technology investment. IT architecture can also be optimised to meet business growth and development goals.

Russell Green, head of group architecture at Deutsche Bank, says Waltz showcases innovation at the bank and expects the open source community to share ideas, drive consistency across the industry and continually improve the software.

The work is a continuation of Deutsche Bank’s strategy to modernise, simplify and standardise its technology. The bank made its first contribution to open source technology in October 2017, when it said it would put over 150,000 lines of code from its Autobahn electronic platform into the public domain with the aim of creating a common industry standard for trading technology.

The code, Plexus Interop, is designed to connect thousands of different applications from across the financial services industry, enabling banks and clients’ systems to talk to each other. As well as being released as open source software, the Plexus Interop code is being integrated into the Symphony collaboration platform.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

New Data Partnership Approach Urged for Investors in SimCorp Report

Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Managing Valuations Data for Optimal Risk Management

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...