Kariuki added that the current health pandemic was a wakeup call for financial institutions to show their resilience through accelerated technological disruptions and innovation in order to meet the ever-changing customer and market demand for digital-first products and services.The award is an attestation of the Standard Charted Bank’s leadership in leveraging technology to provide efficient service delivery whilst tapping into data-driven insights to provide customized client solutions.In 2019, the Bank launched its digital banking platform with more than 70 digitally accessible services to its customer, with its versatility granting the bank opportunity to further scale and introduce other functionalities to enable ease and convenience for customers.The Bank was recognized as the best consumer digital bank alongside Standard Chartered Bank Botswana, Cote d’Ivoire, Ghana, Mozambique, Nigeria, Tanzania, Tunisia, Uganda, and Zambia.Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory As disruption in the financial industry continues, we can focus on client benefits by deploying our solutions quicker and allowing for faster integration of new business models and partners. 92.5 million (US $ 500,000) to the Itukama Covid-19 Healthcare and Social Security Fund. The bank also emerged Best Integrated Consumer Bank Site, Best Online Product Offerings, Best Information Security and Fraud Management, and Most Innovative Digital Bank … UK banks including HSBC, Standard Chartered and NatWest would need to cut over 150,000 jobs in order to hit a 10% return on equity in the next three years, according to new analyst estimates. The 36-page report, by analysts at Barclays, portend what is likely to be a painful period of restructuring for the lenders in the wake of Covid-19. |. As part of its digital transformation, Standard Chartered will adopt a multicloud approach, where significant applications, including its core banking and trading systems and new digital ventures such as virtual banking and banking as-a-service, will be cloud-based by 2025, subject to regulatory approvals.


Locations likely impacted include London, New, York and Singapore, people familiar with the plan said.Standard Chartered reports financial results for the first half of the year Thursday. Analysts at Bloomberg Intelligence have said that there would be scrutiny on the bank’s cost base.Bank had pledged to avoid redundancies during pandemic,Cuts considered include locations such as London and Singapore.Watch: Bill Winters, chief executive officer at Standard Chartered Plc, discusses the potential for worldwide job cuts in an effort to reduce costs.Before it's here, it's on the Bloomberg Terminal.Have a confidential tip for our reporters?Trump’s WeChat Curbs Halted by Judge on Free Speech Concerns,Stocks Pare Losses as Tech Rally Tempers Bank Rout: Markets Wrap,Nikola’s Future Cloudy as Founder Exits Amid Allegations, Probes,Microsoft to Buy Bethesda for $7.5 Billion to Boost Xbox,HSBC Shares Fall to 25-Year Low on China Fears, Banks Report. The Standard Chartered Bank donated Rs. By being digital-first, the bank will be able to meet the demand for seamless banking virtually anytime, anywhere, and make banking more accessible to people across its network.Michael Gorriz, Group Chief Information Officer of Standard Chartered, said, “Cloud is a cornerstone of Standard Chartered’s strategy to meet the present and future banking needs of our clients. This “is not the result of any impact from the COVID-19 pandemic.”.Focused on markets in Asia, Africa and the Middle East, the lender has faced pressure from investors to reduce costs to improve returns to boost its share price. Standard Chartered. Environment. Standard Chartered Plc is set to begin a new round of job cuts, joining rivals such as Deutsche Bank AG and HSBC Holdings Plc in restarting reductions put on … The speed and scale of continuous innovation offered by Azure allows us to innovate with the latest AI services to meet evolving client needs. The London-headquartered firm has drawn up lists of several hundred employees it plans to eliminate and a cutback program is set to get underway, according to a person familiar with the situation. Its mission is to empower every person and every organization on the planet to achieve more.This site uses cookies for analytics, personalized content and ads. This is especially important for a bank with a footprint as broad and diverse as ours.”.Standard Chartered will adopt Microsoft Azure as a preferred cloud platform to meet the bank’s need for resilient data centers and cloud services and addressing customers’ security, privacy and compliance requirements across the bank’s global footprint.The first set of capabilities to move to Microsoft Azure will be Standard Chartered’s trade finance systems, allowing for seamless cross-border trade for the bank’s corporate and institutional clients.The partnership will also advance the bank’s digital workplace transformation with Microsoft 365 and Microsoft Teams providing modern productivity and collaboration tools to Standard Chartered’s 84,000 employees across its 60 markets.Standard Chartered will also use Microsoft Azure artificial intelligence (AI) and data analytics capabilities to enhance and automate banking processes as well as deliver hyper personalization of its client products and experiences.


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