Check out Standard Chartered's new Kwun Tong hub

The eXellerator houses a usability testing lab to try out emerging technologies.

Standard Chartered’s 10,000 sqft new office space in Kwun Tong serves as a representation of everything the bank stands for: excellence, innovation, and a focus on customer welfare. Aptly named the eXellerator, the new office provides a collaboration space for its units.

Built in conjunction with US-based co-working operator WeWork, the exellerator features an open coworking and hot desk space, 5 dedicated project rooms and two training rooms.

But more than that, Standard Chartered understands that banks need to be relentlessly innovate in order to stay ahead ofo the game and have thus created a usability testing lab within the eXellerator, allowing staff to test solutions in real-time.

"The eXellerator is a collaboration space where business units come together to solve current business issues," said Carol Hung, chief information officer at Standard Chartered Hong Kong. "The eXellerator is at the forefront of driving innovation and an agile culture in the bank." 

Additionally, the bank extends invitations to promising fintech startups who can conduct Proof of Concepts with the bank. Key areas it is keen on developing include AI, cyber security and banking made easy.  

“Whilst banking may be complex, Standard Chartered’s goal is to empower innovation in multiple parts of the bank, simplify processes and digitise the client experience whilst providing the human touch,” Hung added.