Standard Chartered Bank has been awarded IDC’s “2021 Smartest Bank in Asia” award for its Scenario Based Analytics Platform (SBAP) by IDC Financial Insights at its annual Financial Insights Innovation Awards 2021. The solution not only meets the demands of increasingly challenging stress test requirements but also excels in its scalability across other use cases.
Partnering with SAS, Standard Chartered Bank Builds Scenario-Based Analytics Platform for Robust Stress Testing
In partnership with SAS, the leader in analytics software and services, the Bank built a robust stress testing platform that started out as a tool for regulatory compliance, and has been expanded to assess the impact of crisis scenarios on its future P&L and balance sheet. Standard Chartered Bank’s efforts in building a competitive advantage around risk analytics and intelligence are a key element of their success in digital transformation.
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