South Africa’s Standard Bank is planning to deploy an accounting and enterprise data management platform from Eagle Investment across its private clients business.
Eagle Investment, part of BNY Mellon, said that the technology solutions will be delivered through its application service provider (ASP), Eagle ACCESS(SM), Eagle’s secure private cloud.
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The technology platform will enable the bank to expand its private clients business that provides financial solutions in the areas of wealth management, specialized lending, risk solutions, trust, fiduciary and transactional banking.
Penny Bibby, COO at Standard Bank Private Clients, said: "Our adoption of Eagle’s software and deployment on Eagle ACCESS SM will enable us to establish a firm-wide, state-of-the-art, secure technology solution that will help us to centralize our platform much more easily and efficiently."
John Legrand, managing director for EMEA and APAC at Eagle, said: "Our engagement with Standard Bank will allow us to demonstrate not only our expansive solution capabilities, but also to share both our global and local best practices and staff expertise."
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