Deutsche Bank has made software code publically available that is designed to help firms better understand their IT environments, allowing them to manage their technology more effectively.

The solution, known as ‘Waltz’, enables organisations to gather information about their IT estate from multiple sources across the firm, including information on applications, infrastructure, data, processes and costs.

Waltz pulls the information together and displays it in an easy-to-use interface. This is designed to give users a greater level of transparency over their complex IT environments. This aims to provide faster and better decisions on technology investments and allows organisations to optimise their IT architecture to meet business growth and development goals.

The work is a continuation of the bank’s strategy to modernise, simplify and standardise its technology. Because the code is publically available, programmers can suggest improvements, develop new features and find innovative new uses for the software.

Russell Green, head of group architecture at Deutsche Bank, said: “This is an exciting step which showcases the high level of innovation within the firm. We look forward to working with the open source community to share ideas, drive consistency across the industry and continually improve the software.”

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