DBS Steps Up the Digital Pace

Tom Burroughes

30 June 2016

Singapore-headquartered will run on a hybrid cloud architecture by 2018. These large players will clear the way for their peers and will set best practices in the location, control, ownership, and management of data in the cloud,” said Michael Araneta, associate vice president for IDC Financial Insights Asia/Pacific.

The bank said its staff can work collaboratively from anywhere, across PCs, tablets and smartphones. Across the organisation, meetings can now be conducted through Skype for Business, cutting down on travelling time. Enterprise social network Yammer provides a platform for employees to form closer communities and to collaborate across departments and locations. In addition, to encourage knowledge sharing across DBS’s network of employees, every individual will receive an increment of file storage capacity to one terabyte per user on OneDrive.

The bank is urging employees to embrace digital technologies by learning and experiments, it said. It has held “hackathons” in which staff work with start-ups to create prototypes that address business challenges.