Standard Chartered Bank in Dubai signed a deal with Datawatch, a report mining software house, to supply the institution’s Monarch Pro report mining and data transformation software.
Datawatch Europe now boasts a permanent presence in the Middle East, with the opening of its office in Dubai.
“Standard Chartered is a global major league player and we are delighted to have them as our customers,” said Rob Graham, product manager for Datawatch in the Middle East.
Standard Chartered Bank first came to the region in 1958, with its first branch in Sharjah, and now targets the established and emerging markets of Asia, Africa and the Middle East.
Graham confirmed that there had been many early gains in the region.
“It is simply information made easy,” Graham said. “Research shows that management spends 10% of each day just looking for the information they need to manage. Our products and solutions facilitate that need.”