The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Deutsche Bank Releases Waltz Open Source Software

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.

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