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Sooraj Shah – March 2021 Dr Michael Gorriz, group CIO of Standard Chartered, describes how the multinational bank has enthusiastically but judiciously embraced the cloud as the new foundation for both digital innovation and traditional core banking systems. When Dr Michael Gorriz joined financial services company Standard Chartered in July 2015 as group CIO, his mission was to raise the bank’s digital capabilities to the point where its vast multinational retail and wholesale businesses could run services in an integrated and seamless fashion, 24x7. Such digital ambitions were never going to come cheap, and in subsequent years the company saw annual investment in technology double to $1.6 billion as it sought to build the new foundation to underpin that. It included an architecture based of APIs that would enable external services to be securely connected to the bank’s core systems while also delivering integration across key internal systems, microservices and cust

Hong kongUnited kingdomRepublic ofMarina baySingapore generalNorthern samarMichael gorrizAmazon web servicesUnited kingdom prudential regulation authorityMarina bay financial centreStandard charteredCreative commonsMicrosoft azurePrudential regulation authorityStandard charteredMulti cloud