Standard Chartered Chooses Broadcom for VMware Cloud Foundation Private Cloud

Broadcom Inc. and Standard Chartered set a long-term commitment for the bank’s global infrastructure modernization, using a secure, resilient private cloud foundation to support critical banking services across 54 global markets.

The initiative outlines Standard Chartered’s shift to a fully integrated software-defined private cloud environment built on VMware Cloud Foundation, alongside claims that zero-trust security would be embedded in the infrastructure layer.

VMware Cloud Foundation (VCF) embeds zero-trust security directly into the infrastructure layer, and Standard Chartered said the approach reduced infrastructure deployment from weeks to a day. The bank reported that 70% of its global infrastructure footprint was already running on the new architecture.

Standard Chartered completed realignment to the VCF-based private cloud environment for its infrastructure delivery. The companies framed the work as support for always-on banking services and modernization of the infrastructure that underpins core banking, payments, and digital services.

John Sharratt, Global Head of Technology and Infrastructure, Standard Chartered, said, “Standardizing a fully virtualized software-defined infrastructure across our global operations enables Standard Chartered to meet the evolving demands of our clients while strengthening our technological core with the responsiveness, resilience and regulatory compliance that global banking demands. Our client-centric, long-term investments with global service providers, such as Broadcom, strengthen our ability to deliver always-on banking services in an ever changing and dynamic landscape, while accelerating innovation with a secure private cloud foundation.” Krish Prasad, senior vice president and general manager, VMware Cloud Foundation Division, Broadcom, said, “Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale,” and “Standard Chartered is at the forefront of digital banking innovation, and we are proud to support their journey toward a highly automated, AI-driven, modern private cloud with VMware Cloud Foundation.”

Provided by Globe Newswire on behalf of Broadcom. Click to read original content.