Payment news, September 28

Standard Chartered migrates to new foreign exchange platform through Solace, while Clearstream offers renminbi settlement.

Solace to provide messaging infrastructure for Standard Chartered

Standard Chartered Bank SCB has chosen Solace Systems to provide the messaging infrastructure for its next generation foreign exchange trading platform. Solace will be deploying its 3,260 message routers in Kuala Lumpur, Singapore, London and New York to begin with and additional routers will be implemented as more of SCB’s applications migrate to the new trading platform.

“As an organisation in the midst of managing rapid growth across a large geography, Standard Chartered knows that investing in a long term strategy for messaging infrastructure is crucial,” said Anthony Hodge, head of infrastructure solutions at SCB, in a statement.

“Standard Chartered’s...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222