Standard Chartered Bank - Single-Touch Custody (Post-Trade Processing) Solution

CUSTOMER TESTIMONIAL

SCB transforms into a single-touch custody model

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.

CLIENT

Standard Chartered Bank

INDUSTRY

Capital Markets

SERVICES

Custody

Experience Results

Alan, compliments the “single touch” custody model for being able to accomplish the transformation that grew from 17 markets at the start to 40 markets towards the completion. This single platform made it possible for Standard Chartered Bank to enter and start business in a new market place, in just 60 business days.

Experience Partnership

Standard Chartered Bank’s relation with TCS is a journey of more than 20 years. Alan, describes the partnership as a rhythmic experience, to the point that it had become seamless with every market that had been rolled out.

Experience Leadership

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