StanChart to invest US$3bn into global tech hubs
(11 July 2016 – Asia) Standard Chartered is to invest US$30 million (A$39.7 million) into its Malaysian technology and operations centre, raising its IT spend in the country over the next year by 50 percent.
The investment comes as the Malaysian hub, Scope International, celebrates its 15th anniversary.
Since its opening in 2001 with 150 staff, the facility has grown to accommodate a 5000-strong headcount.
Standard Chartered says it is planning to invest US$3 billion in its global shared service centres over the next three years in a concerted effort to transform its digital capabilities.
In Malaysia, the investment comes hard on the heels of the opening of a new 33,000 square feet 'Collective Intelligence and Command Centre', billed by the bank as an incubator for tech talent in the region.
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