Deutsche Bank Americas CIO: Silicon Valley Lab Tech Under Review

Global head of DB Labs discusses what specific technologies the bank is interested in.

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Deutsche Bank announced its plans to launch three innovation labs in June 2015 as part of its Strategy 2020, during which the German bank will spend €1 billion ($1.13 billion) on digital initiatives over a five-year span.

Less than a year later, all three labs, which are located in Berlin, London and Silicon Valley, are fully operational. Phil Gilligan, CIO of the Americas and global head of DB Labs, spoke with WatersTechnology about the launch of the Silicon Valley lab last week.

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