Boosting Productivity and Innovation

The bank expects SC GPT to improve productivity, optimize sales and marketing strategies to drive revenue, automate software engineering processes, and enhance risk measurement, management, and reporting.

Additionally, a more customized version is in development, leveraging the bank’s proprietary data to address Standard Chartered’s specific challenges more effectively.

Local teams will also have the flexibility to use SC GPT for market-specific applications, such as digital marketing, translation, and customer support services.

Driving the Future of Digital Banking

Bill Winters, Group Chief Executive of Standard Chartered, stated: *“We have a unique and increasingly differentiated strategy. The potential of GenAI to enhance our Cross-border and Affluent banking capabilities is game-changing.

By harnessing GenAI responsibly, we are driving efficiencies, transforming service delivery, and reinforcing our leadership in digital banking. This is just the beginning of how we will continue to innovate and create long-term value for our clients, colleagues, and communities.