Standard Chartered to deploy Temenos' solution in over 30 markets

Standard Chartered has selected Temenos' WealthSuite integrated wealth management platform

Standard Chartered has selected Temenos’ WealthSuite integrated wealth management platform to deploy across wealth management operations in more than 30 countries.

The platform will provide back office standardisation alongside front office differentiation.

It will also enable the lender to save hardware and maintenance costs, introduce higher levels of automation and extract economies of scale as it grows.

Temenos said that the system upgrade allows for significantly enhanced customer service through faster fulfilment, better reporting and more personalisation given enhanced analytics and portfolio management capabilities.

Temenos executive chairman Andreas Andreades said: “With WealthSuite, our client will have the platform to sustainably differentiate its customer proposition in a highly competitive marketplace.”