Deutsche Bank signs contract for NetDocuments cloud-based legal document management system

Maria Nikolova

The system aims to ensure secure and fast access to relevant documents for all Legal department employees of Deutsche Bank.

Deutsche Bank has just announced that it has signed a contract for the NetDocuments cloud-based legal document management system.

The new system aims to provide secure and fast access to relevant documents for all Legal department employees of Deutsche Bank, who are located in 27 countries and operating globally. The NetDocuments system is set to make the collaboration between Legal department employees better and faster, thus enhancing their daily working experience.

The new platform will form an important part of Deutsche Bank’s broader digital strategy of further modernising and simplifying systems and working processes. It will allow the bank to shut down outdated, fragmented IT systems and to reduce IT costs further. Legal department employees will benefit from one core platform that will be more intuitive and that also supports access via mobile devices.

Stefan Simon, Chief Administrative Officer of Deutsche Bank and Senior Group Director, said: “With this innovative document management system we have found an effective and modern platform which also ensures the highest security and governance standards. It will provide our lawyers with the tools and information they need to ensure more efficiency in their daily business around the globe and share knowledge with colleagues.”

Josh Baxter, Chief Executive Officer of NetDocuments, said: “Our collaboration with Deutsche Bank is based on our world class security pedigree as well as a level of growth-focused scalability which remains unmatched in our market. We are confident Deutsche Bank will be able to execute on its main objectives of accelerating decision making and productivity through consistency afforded by the mature NetDocuments cloud platform.”

Early in December, Deutsche Bank announced two senior appointments within its recently formed Technology, Data and Innovation division. Dilip Khandelwal joined as Managing Director and Head of Technology Centres, based in Pune, whereas Gil Perez joined the bank as Managing Director and Head of Strategy & Innovation.

Read this next

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

““The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

<