Following its December 2024 debut for retail clients in Mainland China, plans are now in place to roll out the service in the coming months in Singapore, Hong Kong and Taiwan.
Standard Chartered announced the launch of an innovative AI-powered video column, the “Standard Chartered Wealth Management FX Intelligent Expert” for clients across its key markets. The feature leverages advanced artificial intelligence technology in collaboration with LSEG (London Stock Exchange Group). „This industry-first initiative represents a significant step forward in delivering real-time, easily digestible FX market insights directly to clients, underscoring Standard Chartered’s commitment to client-centric innovation and leadership in digital-first wealth solutions.” – according to the press release.
Building on insights drawn from the Bank’s Daily Market Navigator – an authoritative market publication produced by Standard Chartered’s Global Chief Investment Office – „this new solution applies AI-driven summarisation, translates the material where necessary, and automatically converts the summarised insights into an engaging one-minute video with voiceover and relevant visuals” – the company explained.
Foreign exchange investments are a crucial component of diversified asset allocation, yet many investors struggle to stay abreast of the rapidly changing market. The “Standard Chartered Wealth Management FX Intelligent Expert” aims to overcome this challenge by providing faster time to market, scalability, and cost efficiency.
Clients benefit from an improved experience through dynamic, on-demand video updates that are both interactive and accessible, enabling them to understand crucial market movements and potential trade opportunities more easily. This engaging communication platform positions Standard Chartered at the forefront of the banking industry’s adoption of new technologies that further enhance client advisory services.
Samir Subberwal, Global Head, Wealth Solutions, Deposits and Mortgages, and Chief Client Officer at Standard Chartered, said: “We are delighted to collaborate with LSEG to bring this pioneering AI-powered FX video insight service to our clients in our key markets. By transforming our Global Chief Investment Office’s expert views into easily digestible, high-quality videos, we offer our clients access to timely market insights wherever they are, reinforcing our commitment to technological innovation and personalised wealth solutions that meet evolving needs.”
Sneha Manohar, Head of Strategic Accounts, APAC, LSEG, commented: “We are proud to work with Standard Chartered on this innovative use of artificial intelligence in the banking industry. Our technological solutions help refine complex FX market data into accessible video content, empowering investors to make well-informed decisions in an increasingly dynamic environment. This partnership signals an exciting shift in how financial institutions can engage with clients around the globe.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
