Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Morgan Stanley European Financials Conference 2019
14 slides from Deutsche Bank's conference presentation, Mar 20, 2019
Slide 1: Morgan Stanley European Financials Conference 2019
Deutsche Bank Morgan Stanley European Financials Conference 2019 Frank Kuhnke – Chief Operating Officer 20 March 2019
Slide 2: Chief Operating Office (COO) responsibilities
Introduction Chief Operating Office (COO) responsibilities Chief Operating Office Sets Deutsche Bank IT standards; modernizes the bank‘s IT platform and Chief Information Office services to reduce complexity and risk and enables business growth Chief Security Office Protects information and manages
Slide 3: Three focus areas
Introduction Three focus areas Pillars Description Primary benefits 1 — Fulfill current regulatory requirements and be prepared for new regulation Revenues Stability — Ensure robust performance of our systems — Provide accurate, timely and complete data to support businesses Costs and processes
Slide 4: Regulatory preparedness
1 Stability Regulatory preparedness Cyber- security Outsourcing & Operational Vendor Resilience Management AML, KYC & Trade Surveillance Compliance Brexit controls IT Risk Management Deutsche Bank 20 March 2019 Introduction | Stability | Efficiency | Future of Banking | Conclusion 4 Investor Relatio
Slide 5: IT stability is essential
1 Stability IT stability is essential Core components of IT stability 2018 achievements Stringent . Achieved 2018 critical application stability Governance target with IT uptime of 99.97% Incident and Crisis . Mgmt. Very few critical IT incidents Change Control Standar- dization Reduced operational
Slide 6: Accelerated cost reductions
2 Efficiency Accelerated cost reductions € bn, adjusted costs(1) — Lower compensation costs from 2018 headcount actions — Disposals — Non-compensation reductions, e.g. vendor rationalization (0.8) 24.7 (1.1) 23.9 (1.0) 22.8 21.8 — Targeted headcount reductions — German retail merger synergies — Furt
Slide 7: Cost Catalyst program
2 Efficiency Cost Catalyst program What is Cost Catalyst? Cost Catalyst program Workstreams 1 Aligning Role and Reward Think & act differently: 2 Defining ‘Home of Best Fit’ 3 Demand Management & Process Optimization — Simplify the organization — Enhance transparency and Optimizing External Spend: o
Slide 8: IT costs – focused on increasing efficiency
2 Efficiency IT costs – focused on increasing efficiency € bn, adjusted costs Highlights — Continuing IT investment despite group cost 24.7 reduction targets 23.9 22.8 — Generating efficiency savings in IT spend 21.8 through — Reducing complexity (e.g. 26 operating systems in 2018 from 45 in 2015) —
Slide 9: Ecosystem established to foster sustainable innovation
3 Future of Banking Ecosystem established to foster sustainable innovation Research Development Execution / Implementation db Innovation Labs(1) Massachusetts Digital Factory Institute of Technology Frankfurt Centre of Excellence Plug and Play Technology Centres(3) Accelerator / Functions Business D
Slide 10: Cloud strategy creating a more agile work environment
3 Future of Banking Cloud strategy creating a more agile work environment Deutsche Bank today What we see the cloud offering — Stability, security and resilience — Large application network — Developer agility — Largely outsourced infrastructure — High cost flexibility — Cloud initiative started in
Slide 11: Select innovation highlights
3 Future of Banking Select innovation highlights CIB PCB AM CIB’s brand for internal and Deutsche Bank one of key Process automation for cost external provision of digital partners. Cross-industry reduction, productivity products & services identity and payment-platform increase and improved client
Slide 12: Autobahn – continuing to invest and expand our offerings
3 Future of Banking Autobahn – continuing to invest and expand our offerings Our clients expect — Direct access to Deutsche Bank CIB Corporates Asset Financial Banks & Insurers and products and services Managers Sponsors Broker Dealers Reinsurers — High quality interaction with Deutsche Bank people
Slide 13: COO is an important enabler to group financial targets
Conclusion COO is an important enabler to group financial targets Near-term targets COO contribution and focus 2018 2019 Post-tax return on Costs >4% tangible Continue strong execution discipline and leverage equity accountability on expenses Updated Adjusted IT costs € 23bn € 21.8bn Implement end
Slide 14: Cautionary statements
Cautionary statements The figures in this presentation are preliminary and unaudited. Our Annual Report 2018 and SEC Form 20-F are scheduled to be published on 22 March 2019. This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical fact
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