Project wins a prestigious award from The Asian Banker
KUALA LUMPUR, Malaysia, May 21, 2014 /PRNewswire/ -- Standard Chartered Bank has been acknowledged by The Asian Banker for excellence in technology implementation for the recent roll-out of a new financial data analytics platform.
Standard Chartered received the prestigious Asian Banker Technology Implementation Award for Data Analytics in partnership with technology supplier, Teradata Corporation.
The project has further integrated and standardised management information system (MIS) data from 10 different instances across 53 countries to provide an analytical platform for faster, smarter and more accurate decision making.
Mr Thomas Vainius, Standard Chartered’s Group Head of Technology, Finance and Risk, said: "This financial data analytics project is an integral part of Standard Chartered's finance transformation programme which aims to build scalable infrastructure and provide robust data for supporting business performance and strengthening financial controls. This is a strategic platform to support and shape management reporting requirements now and into the future for our business and our regulators."
The project has brought key MIS data in to a single, scalable platform. Previously manual processes have been automated to provide standardisation and more granularity of data and reporting at country, regional and global levels.
"As the bank's technology partner, the Teradata consulting services team has been working together with the Standard Chartered team to deliver this world class analytics solution. This award recognises the combined teams' excellent work," said Mr Peter Hand, Area Vice President, Teradata -- Pacific, South Asia and Korea.
For further information please contact:
May Meere
Group Technology & Operations
Standard Chartered Bank
Mobile: +65-9366-2351
E-mail: may.meere@sc.com
Note to Editors:
Standard Chartered – leading the way in Asia, Africa and the Middle East
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