• Deutsche Bank mapped a multi-year overhaul to cut retail core banking systems to two cloud platforms under its strategy cycle through 2028.
• Thought Machine’s Vault Core will become the core platform for German personal banking and wealth products, targeting faster product launches.
• Rollout plans call for testing by year-end, parallel running during transition, then phased product migrations starting in 2027.
• Program targets EUR 600 million investment by end-2028, aiming for about EUR 300 million annual run-rate savings by 2028.
• GFT was picked as transformation and systems integration partner for the Vault Core implementation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Bank AG published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.