Customer Stories / Financial Services
How SC Ventures Built a Platform to Drive Innovation and Invest in Disruptive Financial Technology
The Financial Services Industry is currently in the midst of a profound transformation, as chief information officers (CIOs) and their teams prepare to embrace the next major phase of digital transformation. In a competitive environment of rising cost pressures, where rapid action and response is imperative, financial institutions must accelerate and modernize technology functions to support expanded digitization of the businesses. To accelerate digital transformation and drive sustainable growth, Standard Chartered chose to build on Amazon Web Services (AWS) and launched SC Ventures, a business unit providing a platform and catalyst for the bank to promote innovation, invest in disruptive financial technology and explore alternative business models. To develop future tech facilities and create new business models as independent business, SC Ventures launched the SC Ventures FinTech Bridge, enabling faster connections between start-ups, businesses and tech experts for a smoother innovation journey. In this video, learn about SC Ventures and its cloud-first journey.