Leading Sub-Custodian Financial Institutions in the Middle East for the Year 2025

Standard Chartered Wins Top Honours in Middle East Banking

Standard Chartered, a leading international bank, is making waves in the Middle East with its strategic expansion, technological investments, and innovative product offerings. The bank has been recognised as the best in the region by the editorial board, thanks to its exceptional customer relations, cutting-edge technology platforms, and efficient post-settlement operations.

The bank's victory is a testament to its commitment to the region, with a presence in Oman, Qatar, the United Arab Emirates (UAE), and Bahrain. One of its key offerings, ViTAL, provides a user-friendly digital interface for accessing investment data and performance analytics.

Standard Chartered has also made history as the first international bank to act as a settlement bank for the Dubai Financial Market exchange and Nasdaq Dubai. This move underscores the bank's dedication to supporting the growth of the region's financial markets.

In addition to its UAE operations, Standard Chartered has recently expanded its presence in Qatar and upgraded the system for T+1 processing. The bank's robust custody platform, SeCCuRe, is used for executing and monitoring asset-servicing transactions.

Standard Chartered's services are not limited to just the UAE, Qatar, or Dubai International Financial Centre. The bank offers complete end-to-end Islamic solutions that incorporate custody, cash management, and fund administration in the UAE market.

The bank's commitment to innovation is evident in its digital asset custody offering, which showcases its market leadership in the UAE. Standard Chartered is also investing heavily in technology and executive talent across the region.

Tanvir Haque, a leading manager at Standard Chartered, plays a crucial role in this strategy. With a background in strategy and transformation, Haque has experience engaging with regulatory bodies and industry initiatives. He currently holds senior roles focused on driving the bank's growth and transformation efforts.

The bank's success is not solely based on its internal efforts. The selection process by the editorial board also considered factors such as market research, input from expert sources, and entry information from the banks themselves. This comprehensive approach ensures that the recognition is well-deserved.

Furthermore, Standard Chartered has implemented new ISO 20022 messaging standards for proxy voting and enhancements for handling corporate actions. These improvements aim to streamline processes and provide a smoother experience for the bank's clients.

Senior bank executives also hold leadership positions within key global industry associations, further demonstrating the bank's commitment to shaping the future of finance. With its focus on customer service, technological innovation, and regional expansion, Standard Chartered continues to set the bar high in the Middle East banking sector.

Leading Sub-Custodian Financial Institutions in the Middle East for the Year 2025