Standard Chartered deploys new pricing and processing system

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Standard Chartered Bank is to deploy a structured deposits pricing and processing system from Singapore-based technology consultancy FinIQ for its operations in Taiwan, Indonesia, Brunei, Malaysia, Japan and UAE. The bank will link its Premium Currency Investment (PCI) businesses for these countries to its PCI operation in Singapore, which has been using the system for the past two years.

The FinIQ system is used to price complex FX-linked and equity option-linked deposits. Shodhan Shah, tech

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