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Deutsche Bank recently was recognized for its use of cloud server based Collaboration and Identity Management software to create virtualized environments for developers and individuals. The German bank identified its use of cloud server based technology to develop and deploy identity management tools. These tools were vital to the development of cloud server technologies that safeguard the banking companies business while allowing developers to collaborate in virtual environments. The judges noted in awarding the recognition that the concepts that Deutsche Bank used could be adapted by others in both the banking industry and other security-conscious businesses. The bank showed in its white paper on the development and deployment of the cloud server based technologies how it fulfilled three objectives: