Standard Chartered Bank has announced a partnership with Broadcom to overhaul its private cloud infrastructure, according to a statement released on July 20, 2026. The initiative aims to enhance the bank's digital capabilities and operational efficiency.
The collaboration involves deploying Broadcom's VMware Cloud Foundation to standardize and automate the bank's data centers globally. This move is part of Standard Chartered's broader strategy to modernize its IT systems and support its digital banking services.
Financial terms of the agreement were not disclosed. The project is expected to be implemented over the next several years, with initial phases focusing on key markets in Asia and Africa.
