Standard Chartered Encourages To Take Advantage Of Process Automation

Standard Chartered is an example of a financial institution finding new ways to automate processes to save money and reduce risk in the current environment. The bank is implementing GoldenSources golden copy data system to automate corporate actions notifications and

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Standard Chartered is an example of a financial institution finding new ways to automate processes to save money and reduce risk in the current environment. The bank is implementing GoldenSources golden copy data system to automate corporate actions notifications and validations for its custodian platforms.

Future growth in Standard Chartereds APAC Securities Services (SS) business was the key driver of this implementation; the banks objective was to reduce risks for clients while streamlining a critical business process.

Coming off of a strong year, Standard Chartered is looking to continue driving its SS business, in spite of the analysts dim outlook, by making critical investments to its infrastructure and technology in line with customers expanding needs.

L.D.

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