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StanChart chooses Microsoft for cloud-first strategy to drive digital transformation

Standard Chartered has signed a three-year strategic partnership agreement with Microsoft Corporation to accelerate its digital transformation through a cloud-first strategy. It will adopt a multi-cloud approach, where significant applications — such as its core banking and trading systems and new digital ventures such as virtual banking and banking-as-a-service — will reside on the cloud by 2025, subject to regulatory…

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