The fall of Dresdner

September 4, 2008

So Dresdner has finally been sold to Commerzbank by Allianz. The sale of DKW has been often rumoured over the last few years. It’s sad to see it finally go, since Dresdner had long been a bastion of tech innovation in the City and Wall St. A while back I commented on how Swiss Bank, long since merged with UBS, was the coolest bank from a tech perspective back in the early and mid 90s. In recent years Dresdner has grabbed attention with…

  • OpenAdaptor: this open source middleware toolkit made DKW the first bank to open source its own code
  • Enterprise Wiki: DKW was an early high profile adopter of social software
  • Digital Markets: the DKW etrading, emarkets, eeverythin initiative

I know quite a few folk who went to DKW and confirmed that they were early adopters. But of course, attention grabbing early adoption isn’t a reliable indicator of success…

2 Responses to “The fall of Dresdner”

  1. Kevin Says:

    Just to be sure you know. The openadaptor project is still alive and well and will be for the foreseeable future.

  2. etrading Says:

    Kevin, thanks. Was Morgan Stanley’s A+ the first wholesale bank OSS project, or was it you guys ?

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