Benefits to You with Straight2Bank
Fully integrated electronic platform across Financial Markets and Transaction Banking
Straight2Bank provides you with a fully integrated end-to-end electronic platform across our cash, trade, foreign exchange and securities services. This gives you a single point of access for your transaction, hedging and information needs, allowing you to streamline your workflow processes. It is also able to scale according to your need for product simplicity or sophistication, and can be adapted for a corporation or financial institution.
The port of call for transacting, hedging and information
Through this fully integrated electronic platform, Straight2Bank is committed to offering a full range of services that is tailored to meet your needs.
Choice of connection routes
Straight2Bank is Wholesale Banking’s suite of electronic channels that provides you complete flexibility to choose the right banking connection you need:
- Straight2Bank Web via internet
- Straight2Bank Link via dedicated computer connection to the bank
- Straight2Bank Access via back-end system integration
In addition, Straight2Bank offers seamless interoperability across the delivery channels – for example, you can use Straight2Bank Access for high volume transactions and Straight2Bank Web for approvals and tailored reporting.
Expanded product and services range
Straight2Bank has an expanded and increasingly sophisticated range of products and services, including:
- Financial Markets: Comprehensive spot, forward and swap foreign exchange transacting capabilities in over 100 currencies as well as precious metals (where approved).
- Transaction Banking: Combining the physical and financial supply chain to broaden transactional financing options for you, enabling you to choose between the full range of documentary trade services and open account financing options
- Information: The powerful, state-of-the-art reporting tool, Info Manager, provides clients transactional transparency on your trade flows.
This product suite will be expanded as your needs evolve.
Enhanced control and security
Straight2Bank provides an accurate and robust information structure that gives you the ability to maintain full control and compliance for your business. This, together with comprehensive security across all channels, a more flexible authorization matrix, stronger reporting for risk management and MIS, puts you firmly in control.
Straight2Bank supports the highest level of encryption, security and user authentication available in the market today, so you can be assured of the security and confidentiality of your information.
Authorisers have the choice of using a VASCO token to approve payments, or a smart card backed up by Standard Chartered’s Global Trust Infrastructure (GTI). Our GTI is world class and IdenTrustTM certified, making it one of the most secure PKI solutions available in the banking industry today.
Open architecture for seamless integration
Straight2Bank is flexible, built on open architecture and is compatible with leading industry standards for seamless integration and adoption including SwiftNet (MACUG), SCORE, Twist and ERP integration via SAP XI.
Furthermore, the application is available in multiple languages with support for simplified and traditional Chinese, Thai, Spanish, French, Korean and Japanese.
To find out more about which channel best fits your needs, please contact your local country representative.
Contact us
Ketan Samani
Ketan.samani@standardchartered.com
Elizabeth Gallety
Elizabeth.gallety@standardchartered.com
Ashwin Badrinath
Ashwin.badrinath@standardchartered.com