About Mercedes Benz Bank A.G.
Mercedes-Benz Bank AG, headquartered in Stuttgart, is one of the leading automotive banks in Germany. It is a subsidiary of Daimler Financial Services, the worldwide financial services provider of the Daimler Group.
With around 1,500 employees, Mercedes-Benz Bank provides financial mobility and security for more than one million customers. Mercedes-Benz Bank supports the sales of Daimler vehicles with a broad services palette, which includes financing, leasing, rentals, insurance and fleet management services. In the direct banking business, it offers call money, fixed-interest accounts, savings plans and credit cards.
Mercedes Benz Bank has chosen to consolidate the savings and term deposits portfolios from four systems into one: from PABA/Q, Partner/Basta, Elaxy, Dachseite to Sopra Banking Platform (Thaler)
Migration key facts
Fixed fee migration to Sopra
The data of over 800.000 savings accounts and term deposits was migrated from four distinct systems to Sopra Banking Platform (Thaler). The project was executed based on a fixed fee and was delivered on time. DX has experience with Sopra Banking Platform. This made the migration straightforward and cost-effective.