The latest developments in technology services, products and trends around the world.

Standard Chartered has extended its strategic relationship with Temenos to support its growing financing and securities services offering.

The bank’s financing and securities services arm provides custody, clearing, fiduciary and fund services, securities lending and prime service to client segments which include insurance, asset management and sovereign wealth funds. Its fund and fiduciary footprint covers 22 markets across Asia, the Middle East and Africa.

The rapidly expanding alternatives market in Asia Pacific, which is expected to grow to $4.97 trillion by 2025, faster than any other region and more than double the forecasted growth rate for global alternative markets, has been the underlying driver for the enhancements of Standard Chartered’s investor servicing platform. 

“We have invested significantly in our infrastructure to bring stability and robustness to the platform as part of our sustainability agenda, to ensure that we bring scale and speed to market in today’s ever-evolving landscape,” Kiran Dhillon, head of fiduciary and fund services, technology and innovation, securities services, Standard Chartered, said.