StanChart Launches Straight2Bank

"Straight2Bank has been designed so that it can be scaled according to a client's needs for product simplicity or sophistication, or adapted for anything from a small enterprise to a multinational corporation or financial institution," says Karen Fawcett, group head of transaction banking with Standard Chartered.

The platform runs in a J2EE environment and was built using a three-tier architecture, explains a bank official. Each tier is equipped with load balancing to achieve scalability

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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