 "Standard Chartered")
Standard Chartered Bank will look to reduce outsourcing to technology vendors as it scales up its own centres in India to build products and applications to support its global operations.
On Tuesday, the British bank opened the Bengaluru operations of Standard Chartered Global Business Services (SCGBS), where it plans to scale its team to over 6,000 from 3,300 currently. Over two thirds of the 19,300 people employed by SCGBS globally work in India, with its main centres located in Chennai.
On Tuesday, the British bank opened the Bengaluru operations of Standard Chartered Global Business Services (SCGBS), where it plans to scale its team to over 6,000 from 3,300 currently. Over two thirds of the 19,300 people employed by SCGBS globally work in India, with its main centres located in Chennai.
Currently, nearly half of the technology services is outsourced to global vendors which include Tata Consultancy Services. The bank buys
