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Standard Chartered Bank starts custody operations in APAC, Middle East and South Africa through a single custody platform from TCS BaNCS

Alan Noughton, Head, Securities Services & Corporate Agency, Transaction Banking, Standard Chartered Bank, talks about implementation of custody operations in APAC, Middle East and South Africa through TCS BaNCS.



Alan said, "When we looked at our opportunities to revamp our custody and corporate actions system four year ago, we were in 17 markets. Since we started, the number of markets that we service has increased from 17 to 40.”

He added, ”With any big multi-market project, there will always an assured challenges. The speed which TCS got on to the problems, dealt with them and managed them through the conclusion has been impressive.”