Standard Chartered has announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange solutions suite. It integrates Standard Chartered’s suite of digital, integrated Transaction Banking, Financial Markets, and Digital Platforms capabilities under one brand name to deliver robust FX payment services to its clients across over 130 currencies in more than 40 markets. Michael Spiegel, Global Head of Transaction Banking at Standard Chartered, said: “Beyond mainstream settlement and payment currencies, Corporate, Financial Institutions and PayTech clients are increasingly transacting in emerging markets currencies. SC PrismFX offers clients access to a robust payment distribution network with direct clearing across multiple domestic schemes. Our strong on-the-ground network in some of the world’s most dynamic markets, coupled with our continued investments in our platforms give us an edge in the market and allow us to offer our clients an end-to-end transactional FX solutions suite that can be tailored to their specific needs.”
