Standard Bank selected Shyft as their new trading platform after evaluating client responses and market conditions. The bank examined their current systems, which encompass WebTrader, Auto Share Invest, and Online Share Trading. Shyft emerged as the best choice for handling global and local investment needs across multiple currencies and assets. This award-winning financial application launched in 2016 and transformed how people manage international transactions, purchases, payments, and investments through competitive exchange rates. The transition will occur gradually during 2025 and 2026.
Henry Dhliwayo from Global Markets Retail Business announced that client migration proceeds through carefully planned stages. The bank contacts affected customers directly to explain each phase of the process. Online Share Trading users who trade shares and exchange-traded funds received initial notifications about their platform change. Clients holding other financial products like tax-free investment accounts, derivatives, and structured products will transfer during later phases. The application serves both Standard Bank customers and external clients residing in South Africa and Botswana while providing physical and digital card options.
Henry Dhliwayo from Global Markets Retail Business announced that client migration proceeds through carefully planned stages. The bank contacts affected customers directly to explain each phase of the process. Online Share Trading users who trade shares and exchange-traded funds received initial notifications about their platform change. Clients holding other financial products like tax-free investment accounts, derivatives, and structured products will transfer during later phases. The application serves both Standard Bank customers and external clients residing in South Africa and Botswana while providing physical and digital card options.
