Deutsche Bank says artificial intelligence is sharply boosting productivity, cutting project timelines from years to months and clearing backlogs faster. While AI is improving efficiency across its global tech teams—especially in India—the bank remains cautious about rising usage-based costs and is closely monitoring returns from AI investments
Artificial intelligence is significantly enhancing productivity at Deutsche Bank, enabling work that previously took years to now be completed within just a few months, according to a report by Reuters citing senior executives of the German lender.
The bank is leveraging AI tools to accelerate technology development and address accumulated internal work backlogs.
However, it is simultaneously keeping a close watch on rising computing and implementation costs associated with the technology.
Denis Roux, Chief Information Officer for the investment bank at Deutsche Bank, said that the improvements are already visible.