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Deutsche Bank looks like a gigantic organisation rampant with misaligned incentives and barely any oversight. Looking at their list of controversies (https://en
by evrimoztamur 3y ago
Deutsche Bank looks like a gigantic organisation rampant with misaligned incentives and barely any oversight. Looking at their list of controversies (https://en.m.wikipedia.org/wiki/Deutsche_Bank#Controversies https://en.m.wikipedia.org/wiki/Deutsche_Bank#Controversies), it is absolutely unsurprising that their IT infrastructure is a disorganised and mismanaged mess. It looks like it's beyond saving, with its depressing history over the last decade and a half.
- rnd33 3y agoThis is what I think a lot people don't understand when it comes to unruly IT systems in large organizations. Deutsche Bank does not have an IT or software engineering problem, they have a culture and corporate politics problem. Even if you have the world's best engineered systems, as soon as you have 30 different systems you'll have a giant mess, and the reason you have 30 different systems is because you have groups of people with different incentives not interested in using someone else's system.
- throwaway_db 3y agoThis is really a non sequitur. It's perfectly easy to imagine a large organization which has a disorganized and mismanaged mess for their IT infrastructure, but a great compliance and regulatory culture, or vice versa. DB happens to have both a broken engineering culture and (at least historically) an even more broken culture of mis-selling and fraud, but there's nothing to say that one always engenders the other.