Deutsche Bank AG is a leading global investment bank with a substantial consumer banking business and business segments that support and reinforce each other. Deutsche Bank is the leader in Germany and Europe, and is growing steadily in North America, Asia, and other emerging markets.
The bank is exposed to many risks, including credit obligation, volatile market prices, liquidity, and legal and regulatory issues that affect capital and reputation. Risk assessment, reporting, and evaluation are critical for daily operations.
A high-quality data warehouse is the foundation for regulatory risk assessment and serves more than 500 active users and thousands of other users worldwide as the central information source for analysis, with approximately 20 terabytes (TB) of data. Escalating data and reporting demands—stemming from internal needs and external legal requirements—require strategic realignment to new data management methods.
With the implementation of Oracle Exadata Database Machine, data processing performance improved significantly, and the bank acquired the ability to analyze increasing data volume in much shorter cycles. In addition, compressing the data volume by 75% reduced electrical usage and costs.
Oracle clearly led in its proof of concept for performance and compression capabilities, delivering a complete and seamless hardware and software solution. Thanks to Oracle Exadata Database Machine’s scalability the bank is well prepared to handle future volume increases and greater reporting demands.
During phase one, pertinent credit assessment data was migrated to Oracle Exadata Database Machine. By the end of 2011, the next phase was completed, which involved migrating the entire data warehouse and source systems into Oracle Exadata Database Machine.