Standard Chartered has entered into a long-term strategic agreement with Broadcom to modernise its global technology infrastructure by deploying VMware Cloud Foundation (VCF) as the bank continues to strengthen its private cloud environment across 54 markets.
The bank is standardising its infrastructure on a software-defined private cloud platform to support core banking, payments and digital services while addressing operational, regulatory and security requirements. According to Broadcom, approximately 70 percent of Standard Chartered’s global infrastructure footprint is already running on the new architecture.
The deployment embeds zero-trust security at the infrastructure layer and enables the bank to reduce infrastructure deployment times from weeks to a single day. Broadcom said the platform is intended to provide greater operational consistency across the bank’s global operations while supporting future technology initiatives.
John Sharratt, Global Head of Technology and Infrastructure, Standard Chartered, said, “Standardizing a fully virtualised software-defined infrastructure across our global operations enables Standard Chartered to meet the evolving demands of our clients while strengthening our technological core with the responsiveness, resilience and regulatory compliance that global banking demands. Our client-centric, long-term investments with global service providers, such as Broadcom, strengthen our ability to deliver always-on banking services in an ever changing and dynamic landscape, while accelerating innovation with a secure private cloud foundation.”
Krish Prasad, senior vice president and general manager, VMware Cloud Foundation Division, Broadcom, said, “Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale. Standard Chartered is at the forefront of digital banking innovation, and we are proud to support their journey toward a highly automated, AI-driven, modern private cloud with VMware Cloud Foundation.”
The infrastructure modernisation underpins Standard Chartered’s core banking operations and digital services, forming part of the bank’s broader efforts to enhance operational resilience and maintain a secure private cloud environment across its international footprint.
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