Temenos and Standard Chartered expand strategic partnership

By Megha Bhattacharya

Temenos and  Standard Chartered have expanded their strategic partnership to support its growing Financing and Securities Services offering. With Temenos’ technology stack, Standard Chartered is now well-positioned to offer futuristic services to its clients, improve the overall client experience and continue going from strength to strength to take on this growing market opportunity as one of the leading alternatives administrators.

Kiran Dhillon, Head of Fiduciary & Fund Services, Technology & Innovation, Securities Services, Standard Chartered, commented: “We have invested significantly in our infrastructure to bring stability and robustness to the platform as part of our sustainability agenda, to ensure that we bring scale and speed to market in today’s ever-evolving landscape. We look forward to continuing our partnership with Temenos to further streamline our technology ecosystem by advancing our cloud journey, and further harnessing their solutions to improve our services across alternative products to enhance the client experience.”

The new service offerings include automation throughout the investor servicing lifecycle, which have enabled higher levels of operational efficiency, freeing operations teams from manual, labour-intensive tasks so they can focus on deepening relationships with their clients.

Oded Weiss, Managing Director, Temenos Multifonds, said: “We are proud to work together with Standard Chartered, a long-standing and valued customer. Standard Chartered is leading the way with their enhanced securities services offering for alternative assets, leveraging back-office innovations to deliver personalized experiences to its clients, across multiple jurisdictions. We are excited to be a partner on this growth journey.”