Thoughtworks selected by Standard Chartered to expand and transform digital banking services for customers globally 

DigitalCFO Newsroom | 10 February 2022

A multi-year program to develop a new cloud-based strategy and 
build future ready infrastructure for retail and wealth customers worldwide

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced that it has been selected by international banking group Standard Chartered as the partner to develop its strategic next generation program – a cloud-based digital banking proposition for its retail and wealth customers. 

The collaboration brings Thoughtworks’ extensive experience in driving industry leading digital innovation together with Standard Chartered’s proven banking expertise.  

The increased digitalization of everyday transactions has driven banks to provide even more digitally-driven services that are seamlessly woven into platforms and applications that are widely used by consumers for greater ease of use and simplicity. Standard Chartered has continued to pave the way with innovative strategies and initiatives to bring enhanced and value-added experiences to delight their customers. 

“We are thrilled to be embarking on this journey with Standard Chartered Bank to build a future ready platform that unlocks new digital services and banking experiences for clients globally,” said Hormese Tharakan, commercial director, Thoughtworks Southeast Asia.  “Standard Chartered, with its long-standing commitment to innovation, has pioneered many digital-first initiatives within the industry. We look forward to playing a key role in this new chapter of Standard Chartered’s digital evolution.” 

“Providing cutting-edge, relevant and easy to access services that add value to our customers’ banking experience has always been a top priority for us. We are delighted to partner with Thoughtworks for this program given their proven record in solving complex challenges and delivering strong business outcomes. We believe this strategic collaboration will support our ambition to expand the reach and scale of our digital-first strategy that elevates banking experiences for our Retail and Wealth customers,” said Anshu Sharma, Standard Chartered’s Chief Information Officer for Consumer, Private & Business Banking.