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Deutsche Bank

 

Challenge
Sibos 2007 and the conversations begin. Meeting at Deutsche Bank’s stand in Boston, Christoph Woermann, Head of Marketing & Communications, Global Transaction Banking (GTB), Deutsche Bank informed Cognito that Deutsche Bank wanted to raise the bar at Sibos 2008. They wanted to create a concept that would ‘excite and delight’.

The Solution
Cognito prides itself on keeping up to speed with the latest technologies, not just in terms of financial technology, but also with regard to creative technology. Claire Skaptason, Marketing Services Manager, comments; “as a full service agency we need to be on top of our game to enable us to offer the most innovative solutions to our customers.”

After much research and creative brainstorming, Cognito presented a proposal based on surface technology whereby Deutsche Bank would have interactive surfaces on their stand to offer an engaging and educational experience to any delegate. Through using such technology in this industry sector, Deutsche Bank would almost certainly stand out in the crowd and be seen as a true innovator and technology leader.

Green for Go
After presenting the initial idea to Deutsche Bank, they agreed that the concept was innovative and, if delivered in the right way, would certainly create the desired results. Cognito introduced Mindstorm as the technology company able to fulfil the brief. Mindstorm, based in London, is an awardwinning software company that transforms otherwise static surfaces into intelligent displays, and passive customers into active participants.

Q1 2008 and members of Deutsche Bank’s GTB team travelled to Mindstorm’s offices in London to experience the interactive technology first hand. What they saw were Mindstorm’s iBars – quite literally bars that you would find at a bar or club that demonstrate an interactive experience using surface technology. Deutsche Bank knew immediately that this kind of technology was perfect to raise their profile at Sibos.

The Project Gets Underway
In April 2008 the project began in earnest with Deutsche Bank, Cognito and Mindstorm scoping out exactly what would be delivered. The plan was to have two iBars, each with three individual surfaces, incorporated into Deutsche Bank’s stand that would demonstrate the surface technology. With a view to ‘going paperless’, and with four business units within Global Transaction Banking, Cognito and Mindstorm had to create a way of presenting the relevant information for each unit in an easy to navigate fashion that would allow delegates to view and download information. The information in each business unit consisted of presentations, brochures, articles, press releases and videos. The ‘Carousel’ concept was developed which would ultimately enable delegates to browse marketing literature within each business unit in a carousel of documents – allowing the user to engage in an entertaining interactive experience as well as being educated.

Once approved, Cognito developed story boards to present exactly how the surface would appear and diagrams to explain which documents would be incorporated into the Carousel. Cognito worked on the overall look and feel of the surface while Mindstorm developed the technology behind the Carousel – something they had not done before.

The final result would be three levels: Level 1: Interactive surface using the Deutsche Bank wave in motion which, when touched with a finger, would activate many Deutsche Bank logos. When moving your finger around the surface the logos would continue to be activated following the route of your finger. Level 2: An introduction to the six business units with key lead questions and messages for each business unit appearing across the surface.

Level 3: The Carousel enabling delegates to select any one business unit and enter its Carousel of documents. The project progressed and it soon became clear that the two iBars would not be enough and the vertical wall was introduced. Two walls in fact that would use the same technology as the iBars but would create the extra WOW factor for any delegate passing the stand. The vertical walls would also encompass speakers enabling Deutsche Bank to show videos with clear sound.

Delivering the Information
With six business units there was a lot of information that had to be incorporated into the individual Carousels in the right order. Each file delivered had to be given a consistently designed cover and converted into the correct format. Claire Skaptason comments; “this was a timely part of the project but one that proceeded without much pain due to Deutsche Bank’s efficiency and high level of organization in terms of its marketing literature. We received the majority of the information in time, but due to the flexibilities that Mindstorm had built into the technology, we were still able to take certain documents, e.g. press releases and articles, right up to the start of the event.”

Communication is Key
With Deutsche Bank’s GTB team sitting in Frankfurt and Cognito and Mindstorm both in London, regular reporting was essential to ensure the project ran without problems. Weekly planning calls were held which included members from Deutsche Bank, Cognito, Mindstorm, Zweikant (the stand architects) and Fullscreeners (the stand builders). It was essential to have Zweikant and Fullscreeners involved as it would be them who would ultimately be responsible for ensuring the iBars would fit into the stand design and built to the specifications required by Mindstorm. In order for Deutsche Bank to view the continued progress of the technology, Mindstorm took videos of the developed technology for Deutsche Bank’s review and comments.

Sibos Approaches
With Sibos just around the corner it was essential that each member of the Deutsche Bank GTB team knew what to expect from the stand. Even though the Carousel concept created was incredibly intuitive and user friendly it was still important for the Deutsche Bank representatives to know how to use it. Cognito developed a simple training session which was then delivered in Frankfurt over two days. Maria Senior, Marketing & Communications, Global Transaction Banking, Deutsche Bank, comments; “This was a perfect opportunity for the GTB team to see exactly what we had been working on with Cognito and Mindstorm, to receive feedback and to make changes where necessary.”

The Day of Reckoning
Having spent the weekend prior to Sibos installing the software into the iBars and vertical walls and testing everything, Mindstorm and Cognito were happy that the brief would be met. Monday morning and the iBars and vertical walls were switched on. The buzz started and people started coming onto the Deutsche Bank stand to see what this technology did. Everyone was impressed. They were impressed with the technology, they were impressed with the fact that they could download documents onto a USB stick and take that home instead of a bundle of brochures, but most of all they were impressed that Deutsche Bank had taken the risk to use such technology at such a forum – a risk that paid off.

If the technology wasn’t enough to pull delegates to the stand, Deutsche Bank gave away an iPod Touch everyday from Monday to Thursday. Using a promotional mailer designed by Cognito, that in itself brought an interactive feeling, delegates were encouraged to come to the stand between 3p.m. and 4p.m. each day to try to win an iPod. By selecting any USB stick and inserting it into any port they were trying their luck. The lucky winner would see a winning message informing them that they had won – we had four happy delegates through the course of the week

Data Capture
It was essential that Deutsche Bank could measure the impact of this technology post Sibos, not just in terms of comments, but also in terms of who had downloaded what information from each business unit. Mindstorm had built in USB ports into each surface section of the iBars and into the vertical wall surfaces. Next to each port was a slot for a business card.

During the event when a person wished to download information, a Deutsche Bank representative requested their business card and simply wrote the time at which the delegate inserted the USB stick into the port onto the back of the business card. This in turn created a start session which would enable Deutsche Bank to view exactly who downloaded what. Following the event Cognito took the log files from each iBar or wall, matched up the user sessions with the business cards and presented the information to Deutsche Bank.

The Verdict
Christoph Woermann, Head of Marketing & Communications, Global Transaction Banking, Deutsche Bank, comments; “This project was a huge success. No one else had used such technology at the event, and we received such positive feedback from our clients, prospects and indeed anyone who visited our stand. Traffic had increased from the previous year and we certainly raised our game. We look forward to continuing our relationship with Cognito and Mindstorm and raising our game even further in Hong Kong in 2009.”