The Business Times
business-time-50

OCBC eyes multi-channel banking experience as ticket to lead digitalisation race

Summarise
google-preferred-sourceAdd BT as a preferred source
Tan Nai Lun

Tan Nai Lun

Published Mon, Mar 6, 2023 · 05:50 AM
阅读简体中文版 (beta)
    • “Investing in technology alone, without looking into our operations, processes and procedures, is just a digitisation effort,” said Lim Khiang Tong, chief operating officer at OCBC.
    • “Investing in technology alone, without looking into our operations, processes and procedures, is just a digitisation effort,” said Lim Khiang Tong, chief operating officer at OCBC. PHOTO: YEN MENG JIIN, BT

    IN A bid to meet customers across as many platforms as possible, banks are investing heavily in technology. OCBC, Singapore’s second-largest locally listed bank by market capitalisation, is no different.

    The lender’s tech workforce has doubled since 2018, and it expects to hire another 1,500 tech employees by 2025.

    The group has been operating its own data centre since 2017, becoming the first local bank with a purpose-built data centre.

    ToplineOCBCDigitalisation

    TRENDING NOW

    Semakau now houses the city-state’s offshore landfill. The first refinery operates in Bukom, and an airstrip is located on Pulau Sudong.

    NDR 2026: Singapore to create new Western island to support 'new generation of industries'

    The changes will take effect after the close of trading on Aug 31, says MSCI in its latest quarterly review.

    MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks

    Nongfu Spring founder Zhong Shanshan warned during a CCTV interview that e-commerce is killing off emotional and spontaneous consumption

    E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan

    Why is Apac poised to become such a significant market for aviation?

    Asia-Pacific aviation: is up really the only way?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More