(24 April 2025 – Global) Standard Chartered has become the first financial institution to integrate its FX API solution into the Temenos Exchange ecosystem, joining the core banking technology provider’s partner program.
This collaboration enables financial institutions (FIs) operating on the Temenos platform to accelerate their go to market by accessing Standard Chartered’s FX capabilities. Institutions can now price services in over 130 currencies and 5,000 currency pairs, while better managing exposure to FX market fluctuations, streamlining what has typically been a resource-heavy process.
The partnership is expected to be especially advantageous for retail banks, wealth managers, and payment providers dealing in low-value or high-volume foreign currency transactions. By leveraging Standard Chartered’s FX API, these institutions can bypass the burden of developing and maintaining complex inhouse FX pricing and risk systems.
Further integration with Temenos Payment Hub offers added value. Financial institutions can consolidate Standard Chartered’s Aggregated Liquidity Engine (SCALE) alongside domestic and cross-border payment systems. This unified approach enhances operational efficiency by bringing together multiple channels, payment sources, clearing networks, and delivery mechanisms onto a single platform.
Janet Thomas, Global Head of Strategic Partnerships, Corporate & Investment Banking at Standard Chartered, said: “We are delighted to partner with Temenos to extend the reach of SCALE to even more financial institutions globally, by building on the geographical synergy that Standard Chartered shares with Temenos.”