StanChart extends use of FinIQ structured deposit system

NEWS

The platform, called the FinIQ structured deposit system, will be deployed at the bank's premium currency investment (PCI) business in Japan and the Middle East by October. The system is already being used at StanChart's PCI operations in Taiwan, Indonesia, Brunei and Malaysia. These centres have been linked up to the bank's Singapore hub over the past five months.

Using the system, StanChart's relationship managers at these centres can access real-time executable prices on transactions for

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