Seoul, 3160,
South Korea
Standard Chartered Korea Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Standard Chartered Korea and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 7000 Standard Chartered Korea 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 Chartered Korea has purchased the following applications: SAP S/4 HANA for ERP Financial in 2019, OmniOne Blockchain for Blockchain Platform in 2021, SAP BPC Financial Close for Financial Consolidation and Close in 2019 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 Chartered Korea is running and its propensity to invest more and deepen its relationship with SAP , RaonSecure , Rsupport 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 Chartered Korea revenues, which have grown to $1.00 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 Chartered Korea 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.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP S/4 HANA | ERP Financial | ERP Financial Management | n/a | 2019 | 2019 |
|
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| RaonSecure | Legacy | OmniOne Blockchain | Blockchain Platform | Blockchain | n/a | 2021 | 2021 |
In 2021, Standard Chartered Korea joined the national BankID rollout that deployed OmniOne Blockchain as the underlying infrastructure for a Korea-wide decentralized identity service. The deployment uses OmniOne Blockchain and is described in source reporting as a Blockchain Platform implementation that underpins verifiable credential issuance and decentralized identifier management across participating banks.
The implementation centers on a consumer digital identity wallet held on the user smartphone, implemented as the MyInfo decentralized identity solution co-developed by the Korea Financial Telecommunications and Clearings Institute and Raon White Hat, a Raon Secure subsidiary and developer of OmniOne Blockchain. Functional capabilities implemented include secure storage of contact attributes such as mobile phone number, address, and email, issuance and management of verifiable credentials, and a biometric bio identity component that may include facial recognition, with the solution reported as conformant with W3C decentralized identity standards.
Integration and operational coverage extend to banking sector participants, with seven banks going live on August 27, 2021 and an expansion plan to reach 16 banks by the end of 2021, Standard Chartered Korea listed among the banks slated to join during the rollout. The OmniOne Blockchain deployment is also referenced as part of parallel initiatives, with Raon and OmniOne participating in an LG CNS project to issue a blockchain based driver license credential. The deployment model is consortium oriented, driven by the Financial Distributed ID Promotion Council for cross institution credential portability.
Governance and risk considerations highlighted in reporting include blockchain storage choices and privacy trade offs, reporting indicates verifiable credential issuance information and the decentralized identifier may be recorded on chain, a design that can create an extensive digital trail linked to a DID and associated financial data. The consortium is planning non bank use cases for bank issued verifiable credentials, while reporting notes additional technical clarifications were requested about on chain data handling but were not provided in time for publication.
|
EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Oracle Hyperion | SAP BPC Financial Close | Financial Consolidation and Close | EPM | n/a | 2019 | 2019 |
|
ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Remote Monitoring and Management | ITSM |
|
2008 | 2008 |
|
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Asset and Wealth Management | Investment Management |
|
2013 | 2013 |
|
Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Procurement | Procurement |
|
2019 | 2019 |
|
PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
API Management | PaaS |
|
2021 | 2021 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Content Delivery Network | IaaS |
|
2021 | 2021 |
|
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Secure Sockets Layer (SSL) | CyberSecurity |
|
2019 | 2019 |
|
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| Date | Company | Status | Vendor | Product | Category | Market |
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