London, EC2V 7JE,
United Kingdom
Standard Bank / ICBC Technographics
Standard Bank / ICBC Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Standard Bank / ICBC and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 380000 Standard Bank / ICBC employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Standard Bank / ICBC has purchased the following applications: SAP Core Banking for Core Banking in 2008, SAP CRM for CRM in 2015, Murex MX.3 for Trading Platform, Portfolio and Investment Management in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Standard Bank / ICBC is running and its propensity to invest more and deepen its relationship with SAP , Salesforce , Murex or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Standard Bank / ICBC revenues, which have grown to $80.00 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Standard Bank / ICBC intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Standard Bank / ICBC Tech Stack and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Core Banking | Core Banking | ERP Services and Operations | n/a | 2008 | 2008 |
In 2008 Standard Bank / ICBC implemented SAP Core Banking as its Core Banking platform, marking an early global adoption of SAP for core bank processing. SBSA was one of the pioneer banks in the world in terms of using the core banking SAP platform, and the bank worked closely with SAP to reorient its operations toward a more customer centric bank model.
The deployment combined the SAP Core Banking application with a focused channel initiative, notably a rapid roll out of the SAP Mobile Platform. The SAP Mobile Platform was deployed in ten months, supporting mobile banking capabilities alongside core account and transaction processing, and aligning customer master and channel workflows with the Core Banking implementation.
Operationally the program emphasized retail banking channels and customer engagement functions, with technical and operational governance layered to coordinate platform and mobile channel delivery. Deployment and support were underpinned by SAP Active Global Support, and the rollout cited board level involvement from both SAP and Sybase as part of executive governance.
Governance and process controls were central to the timeline and release cadence, enabling the short mobile platform timeline and broader adoption of the SAP Core Banking environment. The program is described as having worked together with SAP to dramatically transform SBSA into a more customer centric bank, reflecting strategic alignment between core processing, mobile channel enablement, and executive sponsorship.
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP CRM | CRM | CRM | n/a | 2015 | 2015 |
In 2015, Standard Bank / ICBC implemented SAP CRM. The SAP CRM deployment established an enterprise CRM platform for client lifecycle management and front-office relationship management under the CRM category, aligning sales, coverage, and client onboarding workflows.
Configuration work focused on customer master consolidation, relationship hierarchies, opportunity and pipeline tracking, activity management, and workflow orchestration to support sales and coverage processes. Custom extensions captured derivatives-specific attributes so CRM records could reference trade identifiers and counterparty roles used by FX, IRD, commodities, and equity derivatives desks.
The integration architecture connected SAP CRM with trading systems using FpML messaging standards and Mxml interfaces, and included integration with Murex for trade reference and position data. Data architecture standardized client reference data and trade metadata so CRM entities reflected trade positions, confirmations, and lifecycle events, enabling operational alignment between front-office CRM and trading platforms.
Operational scope covered front office, trade support, and client coverage functions, with governance centered on data model stewardship, messaging standardization, and workflow change control for trade-linked client processes. The rollout approach staged CRM workflow configuration and integration endpoints to preserve alignment with trading system feeds and derivatives domain controls.
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Marketing Automation | CRM |
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2020 | 2020 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Murex | Legacy | Murex MX.3 | Trading Platform, Portfolio and Investment Management | Investment Management | n/a | 2015 | 2015 |
In 2015, ICBC Standard implemented Murex MX.3. The deployment established a central platform delivering Trading Platform,Portfolio and Investment Management capabilities for multi asset derivative workflows covering FX, IRD, commodities and equity derivatives.
The implementation configured Murex MX.3 modules for trade capture, pricing and valuation, position keeping, P&L and risk measurement, and settlement orchestration, aligned to product specific requirements for FX and interest rate derivatives as well as commodity and equity derivative instruments. Configuration emphasized product templates, market data mapping and workflow automation to support front office pricing and middle office confirmation and reconciliation processes.
Integration architecture focused on trading systems integration and a coherent data architecture using FpML and Mxml formatted exchange with downstream systems, enabling standardized trade messaging and lifecycle events. The project defined connectors for execution venues, clearing interfaces and downstream operations through canonical trade and market data models, and instrumented Murex MX.3 as the central trade repository for cross asset processing and straight through processing.
Operational coverage spanned front office trading desks, middle office trade validation and confirmations, risk management and post trade operations, with governance changes to trade lifecycle ownership and exception handling workflows. Implementation documentation and configuration standards codified business knowledge for FX, IRD, commodities and equity derivatives to preserve domain expertise within Murex MX.3 and to support ongoing maintenance and incremental functional rollouts.
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Risk Management | TRM |
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2014 | 2014 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Secure Email Gateways (SEGs) | CyberSecurity |
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2015 | 2015 |
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IT Decision Makers and Key Stakeholders at Standard Bank / ICBC
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Standard Bank / ICBC Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||