The new tool, named Advice, integrates the bank’s house views and investment recommendations with real-time market information provided by Thomson Reuters, the bank said in a statement.
The purpose is to allow the bank’s relationship managers (RMs) to advise clients more quickly and effectively. What in the past involved referring to multiple publications across many channels, is now available in one place.
“With the introduction of Advice, our conviction ideas across all asset classes, are available live and displayed onto a single, integrated screen on every RM’s desktop,” stated Alexis Calla, global head of investment strategy and advisory at Standard Chartered Private Bank, in an email.
“Standard Chartered’s RMs have access to a dashboard that brings together live investment views and conviction products contributed by multiple teams across asset classes,” said Sanjeev Chatrath, managing director, financial and risk at Thomson Reuters in the statement.
The platform gives RMs access to the private bank’s conviction lists of equities, bonds, funds, foreign exchange and derivative-structured products. It also provides access to news and commentary on economic and business topics.
The platform is now available to all RMs in Singapore, and will be available in Hong Kong, Dubai and London in the second quarter of 2017.