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Deutsche Bank Launches Innovation Lab in Singapore

Deutsche Bank announced the launch of its newest Innovation Lab, which opened in Singapore. The Lab is Deutsche Bank’s first in Asia Pacific and completes the bank’s global network, which spans from Berlin to London, New York, Palo Alto, and now Singapore. The bank’s Innovation Labs are part of its drive to digitalize and embrace emerging technologies for the benefit of clients. Finding the best startup opportunities across Asia Pacific will be a key objective for Deutsche Bank’s Asia Pacific Innovation Lab. Similarly, Singapore’s addition to the platform will ensure that the innovation needs of the bank’s Asia Pacific businesses are plugged into its global innovation platform. The bank’s Innovation Labs collaborate with startups to apply emerging technologies across its business. To date the Labs have interacted globally with over 3,000 startups and delivered solutions in areas as diverse as trading, wealth management, retail, compliance and operations.

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