This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious




Standard Bank Offshore Gives Major E-Commerce Contract To Buchanan Brown

Jason Gorringe, Tax-news.com, London

12 May 2000

Standard Bank Offshore plans to develop an e-commerce environment which will offer customers two separate platforms, for personal banking and for equity investment.

Announcing the award of the contract to a London consultancy, Buchanan Brown, Standard Bank's managing director, Karl Foden, said:

‘The development of an e-commerce environment for the Standard Bank Offshore Group is crucial to our ongoing strategy.

'Our objective is to offer a fully integrated online facility covering all financial services — banking, stockbroking, investment management and fund management. Given the diversity in location of our clients, the internet service will offer an additional communication channel which is not subject to normal financial services working hours, and will also give our clients comprehensive bank account and asset management information.

‘Standard Bank Offshore appointed Buchanan Brown after an extensive evaluation of e-commerce IT consultancy firms and in light of their existing successful partnership with Standard Bank London. Buchanan Brown’s extensive financial services experience and in particular their information security skills made them the natural choice for our development partner in respect of the Standard Bank Offshore Group’s online offering.’

Buchanan Brown managing director, Stephen Gailey, said:

‘Companies which are not planning or deploying for e-commerce now are going to be left behind. At the same time, companies entering e-commerce without regard to security are heading for a big fall. By choosing an information security company to help it develop its capability, Standard Bank has ensured that security is built in at the start, not just added on as an afterthought.’

.

 

 






Write a comment