Standard Chartered to roll out enhanced core custody platform
Simon Cleary, global head of custody services, transaction banking at Standard Chartered, says the platform will give clients access to multiple markets from one location "without any global custody layer". It will link Africa, Asia and the Middle East. He adds: "Everything will become more efficient from both a processing and a client experience perspective."
The multi-million dollar project will begin roll-out in the first half of 2012, with completion due by the end of 2014. All existing
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