Press release
Standard Chartered Launches Industry-First AI-Powered FX Insights
Singapore – Standard Chartered today announced the launch of an innovative AI-powered video column, the “Standard Chartered Wealth Management FX Intelligent Expert” for clients across its key markets. The feature leverages advanced artificial intelligence technology in collaboration with LSEG (London Stock Exchange Group). This industry-first initiative represents a significant step forward in delivering real-time, easily digestible FX market insights directly to clients, underscoring Standard Chartered’s commitment to client-centric innovation and leadership in digital-first wealth solutions.
Building on insights drawn from the Bank’s Daily Market Navigator – an authoritative market publication produced by Standard Chartered’s Global Chief Investment Office – this new solution applies AI-driven summarisation, translates the material where necessary, and automatically converts the summarised insights into an engaging one-minute video with voiceover and relevant visuals. Following its December 2024 debut for retail clients in Mainland China, plans are now in place to roll out the service in the coming months in Singapore, Hong Kong and Taiwan.
Foreign exchange investments are a crucial component of diversified asset allocation, yet many investors struggle to stay abreast of the rapidly changing market. The “Standard Chartered Wealth Management FX Intelligent Expert” aims to overcome this challenge by providing faster time to market, scalability, and cost efficiency.
Clients benefit from an improved experience through dynamic, on-demand video updates that are both interactive and accessible, enabling them to understand crucial market movements and potential trade opportunities more easily. This engaging communication platform positions Standard Chartered at the forefront of the banking industry’s adoption of new technologies that further enhance client advisory services.
The Bank’s leadership in adopting such cutting-edge technology underscores its broader strategy to enhance its wealth capability across key markets, helping clients make more informed decisions and driving increased opportunities for FX transactions. For Standard Chartered, the initiative solidifies its position as the preferred partner for foreign exchange activities and demonstrates how harnessing AI and digital innovation can lead to deeper client engagement, thereby cementing its position as a leading international wealth manager.
Samir Subberwal, Global Head, Wealth Solutions, Deposits and Mortgages, and Chief Client Officer at Standard Chartered, said: “We are delighted to collaborate with LSEG to bring this pioneering AI-powered FX video insight service to our clients in our key markets. By transforming our Global Chief Investment Office’s expert views into easily digestible, high-quality videos, we offer our clients access to timely market insights wherever they are, reinforcing our commitment to technological innovation and personalised wealth solutions that meet evolving needs.”
Sneha Manohar, Head of Strategic Accounts, APAC, LSEG, commented: “We are proud to work with Standard Chartered on this innovative use of artificial intelligence in the banking industry. Our technological solutions help refine complex FX market data into accessible video content, empowering investors to make well-informed decisions in an increasingly dynamic environment. This partnership signals an exciting shift in how financial institutions can engage with clients around the globe.”
For further information please contact:
LSEG
Tarek Fleihan
Global Communications
44 (0) 20 7797 1222
Standard Chartered
Valerie Tay
Wealth and Retail Communications
About LSEG
LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system. With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes. LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 23,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.