NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams and compliance departments, announced that Deutsche Bank, Germany’s leading bank with strong European roots and a significant presence globally, especially in the Americas and Asia Pacific, has chosen NetDocuments as its new global Document Management System.
The NetDocuments true native cloud platform will be utilized by Deutsche Bank’s global legal team, located in 27 countries, with plans for future growth and scale. Deutsche Bank will also be implementing NetDocuments ndMail, artificial intelligence/machine learning-based predictive email filing technology, as well as NetDocuments OCR for advanced document and image management.
As part of its thorough technology review and evaluation, Deutsche Bank’s global legal team challenged NetDocuments to address current as well as future growth, security and extensibility in particular.
“As we talk to global companies and business leaders about their technology challenges and ambitions, the recurring themes of security, scalability, and true native cloud infrastructure stand out,” stated Josh Baxter, CEO of NetDocuments. “The NetDocuments cloud only platform is the ideal fit for Deutsche Bank’s ‘cloud first’, multi-tenant strategy. Our collaboration with Deutsche Bank is based on our world class security pedigree as well as a level of growth-focused scalability which remains unmatched in our market. We are confident Deutsche Bank will be able to execute on its main objectives of accelerating decision making and productivity through consistency afforded by the mature NetDocuments cloud platform.”
Key areas identified by Deutsche Bank as NetDocuments differentiators included:
Stefan Simon, Chief Administrative Officer of Deutsche Bank and Senior Group Director, said: “With this innovative document management system we have found an effective and modern platform which also ensures the highest security and governance standards. It will provide our lawyers with the tools and information they need to ensure more efficiency in their daily business around the globe and share knowledge with colleagues.”
NetDocuments is working very closely with Deutsche Bank’s Legal Digitalization Team as well as its IT groups to design a best in class DMS user experience with security and regulatory requirements at the forefront.
Founded in 1999, NetDocuments’ cloud-based service allows firms of all sizes to reduce costs and increase security, mobility, compliance, and disaster recovery for documents and email from anywhere and on any device. With offices and datacenters in the US, Australia, and the UK, and with over 2,000+ customers and hundreds of thousands of users, NetDocuments is able to effectively service its global community spread across 140 countries. With anytime, anywhere access, firms are able to increase productivity and improve the client experience through a comprehensive cloud-based service.
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