NEWS
Port of
Hamburg: 5G
applications
pass field test
Deutsche Bank and HCL
partner to transform cheque
processing operations
I
n a world first, the Hamburg Port
Authority, Deutsche Telekom and Nokia
are testing new aspects of the 5G standard
using various applications in real-world
industrial conditions at the Port of Hamburg
in Germany.
Covering around 8,000 hectares, the Port
earlier this year became a testing ground
for reviewing innovative technology and
its suitability for rollout in an industrial
environment. The field test is being carried
out as part of the EU-funded 5G-MoNArch
project in Hamburg and is set to run for two
years. The goal is to establish a basis for
defining further aspects of the 5G standard.
Three case studies using real-life applications
demonstrate the reliability of the new
standard. In the first, partners have installed
sensors on ships belonging to HPA’s
subsidiary, Flotte Hamburg GmbH and Co. KG.
These sensors transmit movement and
environmental data in real time from
across large swathes of the Port. In another
example, a traffic light has been linked to
the mobile network and can be operated
remotely by the HPA control centre to control
traffic as it flows through the Port. Trucks,
for example, are guided quickly and safely
around the site.
In the third example, the new standard
makes high data volumes available quickly
outside of existing networks, transmitting 3D
data to an Augmented Reality application.
In future, this technology will help engineers
to monitor or optimise construction planning
directly on site at the Port.
The aim of the Port of Hamburg project
is to gain evidence that complex mobile
applications with many different
requirements can work reliably over one
single network.
The new architecture is the first of its kind to
allow networks to be adapted dynamically
and flexibly to the demands of a broad
spectrum of applications. 5G really is the
intelligent network of the future.
8
INTELLIGENTCIO
D
eutsche Bank and HCL Technologies
(HCL) – a leading global technology
company – have announced a strategic
partnership to transform the bank’s
global cheque processing operations.
Under the terms of the agreement, HCL
will build a cloud-based digital and fully
scalable cheque processing platform
for the bank. The new IT-platform is
expected to go live in 2019.
The new cloud-based IT-platform will
enable Deutsche Bank to further reduce the
complexity of its IT-landscape, decrease
cost and increase straight-through
processing capabilities and efficiencies
in cheque processing. Moreover, through
advanced data analytics, the bank will
enable its corporate and institutional
clients to use data generated out of the
platform, to better manage business flows
and working capital.
“While cheques are still widely used
around the world, the volumes across
the industry are falling and processing
them remains a labour-intensive, highly
manual task,” said Shahrokh Moinian,
Global Head of Cash Products, Global
Transaction Banking of Deutsche Bank.
“This strategic partnership is a great
example of where we are proactively
responding to client needs and
changing industry dynamics. We are
turning a challenge of a commoditised
product with declining volumes into an
opportunity for innovation and creation
of digital assets, which will ultimately
benefit our customers.”
“This is a significant milestone in HCL’s
long-standing partnership with Deutsche
Bank,” said Rahul Singh, President,
Financial Services at HCL Technologies.
“While banking is becoming increasingly
digitised, processing cheques is still a
paper-based process. HCL will leverage its
engineering capabilities to build a digital,
cloud-based, paperless platform which
enables Deutsche Bank and other banks
to benefit from efficiencies and deliver
value-added services to their customers.”
www.intelligentcio.com