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March 26, 2020

Syncordis partners with Standard Chartered Bank for Temenos-based transformation

By Asena Degirmenci

Syncordis S.A. has been selected as the partner for a Temenos T24 Transact engagement by Standard Chartered Bank, as the bank transforms its wealth platform. This partnership will consolidate the company’s reputation as a global one-stop partner for Temenos clients.

The company will reimplement Temenos T24 Transact and integrate it with Standard Chartered’s Temenos WealthSuite, Insight and DataSource applications. Syncordis’ regulated SaaS solution and LTI’s global system integration services will further accelerate the implementation.

Benefits include automated functional processes, customised menus and dashboards, predefined standard products and streamlined life cycle events.

The SaaS solution, Temenos’ Implementation Methodology (TIM) and a process-led “adopt” model to contain the scope, will all allow Syncordis to deliver the project with their clients.

The reimplementation will rely on standards to reduce customisation and make Standard Chartered’s WealthSuite platform easier to manage and upgrade.

The Luxembourg based LTI company is the first PSF company fully dedicated to Temenos services. They have 12 offices around the globe with more than 500 employees.

Syncordis chief executive officer Guillaume Desjonqueres said: “Our Temenos expertise and project accelerators such as our SaaS solution make us the right partner for this transformational engagement. This is one of the largest engagements for Temenos WealthSuite in Asia Pacific and we bring a proven track and complementary services from LTI to it.”

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