Broadcom VCF Secures Standard Chartered with Private Cloud

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Standard Chartered is a leading international banking group with presence in 54 dynamic markets | Credit: Getty
Broadcom partners with Standard Chartered to deploy private cloud infrastructure with embedded Zero Trust security across 54 global markets

Joining the list of financial institutions elevating their security game is Standard Chartered, having entered into a long-term partnership with Broadcom to deploy a private cloud infrastructure centred on threat protection and Zero Trust architecture.

The agreement demonstrates how global financial institutions are embracing security-first design in response to ever-escalating cyber threats.

The collaboration uses VMware Cloud Foundation (VCF) to standardise the bank's technology infrastructure across 54 markets.

It was back in 2023 that Broadcom acquired VMware, and has since positioned the platform as a core component of its enterprise private cloud approach.

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Standard Chartered will use the infrastructure to support banking services while addressing regulatory compliance requirements and cyber risk management.

Zero Trust embedded in infrastructure

Standard Chartered has moved to a software-defined private cloud environment that embeds Zero Trust security directly into the infrastructure layer.

The model operates on the principle of continuous verification rather than implicit trust, meaning that access controls and security policies are enforced at the infrastructure level instead of being bolted on externally.

John Sharratt, Global Head of Technology and Infrastructure at Standard Chartered

Around 70% of Standard Chartered's global infrastructure now runs on the new architecture.

According to the bank, deployment time has been reduced from weeks to a single day.

The platform supports core banking systems, payments infrastructure and digital banking services.

"Standardising a fully virtualised software-defined infrastructure across our global operations enables Standard Chartered to meet the evolving demands of our clients while strengthening our technological core with the responsiveness, resilience and regulatory compliance that global banking demands," says John Sharratt, Global Head of Technology and Infrastructure at Standard Chartered.

Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale

Krish Prashad, Senior Vice President and General Manager at VMware Cloud Foundation Division, Broadcom

Security by design approach

The private cloud platform addresses two parallel challenges facing financial institutions – cyber threats continue to increase in sophistication and regulatory frameworks are demanding more stringent security controls and audit capabilities.

"Our client-centric, long-term investments with global service providers, such as Broadcom, strengthen our ability to deliver always-on banking services in an ever changing and dynamic landscape, while accelerating innovation with a secure private cloud foundation," John says.

Key facts
  • Around 70% of Standard Chartered’s global infrastructure footprint now operates on the new architecture
  • Broadcom acquired VMware back in 2023 and VCF has since become central to the giant’s enterprise private cloud strategy
  • VMware Cloud Foundation embeds zero trust security directly into the infrastructure layer.

The platform maintains continuous availability for banking operations while enforcing security policies.

This balance between accessibility and protection addresses a tension that many financial services organisations face when modernising infrastructure.

Private cloud demand grows

The partnership reflects the growing demand from global financial institutions for private cloud platforms that combine security, operational consistency and automation.

"Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale," says Krish Prashad, Senior Vice President and General Manager at VMware Cloud Foundation Division at Broadcom.

The partnership reflects the growing demand from global financial institutions for private cloud platforms, says Krish Prashad, Senior Vice President and General Manager at VMware Cloud Foundation Division, Broadcom. Credit: Broadcom (modified)

"Standard Chartered is at the forefront of digital banking innovation, and we are proud to support their journey toward a highly automated, AI-driven, modern private cloud with VMware Cloud Foundation."

Financial services organisations are investing in automation, AI capabilities and cloud technologies while maintaining control over sensitive data.

Private cloud environments offer a middle path between on-premises infrastructure and public cloud services.

The Standard Chartered deployment indicates how banks are structuring their security architectures to support digital transformation while managing cyber risk.

The infrastructure underpins payments, core banking and digital services across the bank's global network.

Executives

  • John Sharratt

    Global Head, Technology and Infrastructure

  • Krish Prasad

    Senior Vice President and General Manager, VMware Cloud Foundation Division