"We have ensured operational stability while radically restructuring our cost base without compromising quality of service. Our IT platform is now flexible and scalable ensuring DEPFA can meet business requirements and build for the future, in partnership."
Michael McGillicuddy, Head of IT, DEPFA
DEPFA is a Dublin-based bank with a network of international subsidiaries, including New York, Tokyo and Luxembourg, which specialises in providing financial services to the public sector. The company was originally founded in Prussia in 1922 and as of 19 December 2014, it became a 100 per cent subsidiary of FMS-Wertmanagement AÖR.
With the prospect of separation from its parent company, as mandated by the German government, DEPFA needed to build its own IT operating platform from scratch, covering all infrastructure aspects, data centre, telephony, networks and application support and development functions to support banking applications for trading and payments.
The company partnered with Fujitsu and local financial application specialist First Derivatives to design and deploy an entirely new IT architecture with data centre services in Germany, local and nearshore application support, helpdesk support in Poland, a secure Global WAN service and a desktop refresh for users in all global offices.
Read the full DEPFA case study (275 KB/A4, 2 pages)
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