The approach will allow clients to choose and connect to their preferred service providers, with the ability to select products and services best suited to their needs.
Tool allows the bank’s traders and risk managers to run “what if” scenarios to identify the capital requirements to cover rating downgrades and default risk of credit products.
eRisk Analytics portal within HSBC’s single dealer platform Evolve will provide traders with key metrics to monitor FX algo performance.
CLS and IHS Markit said with the addition of HSBC there are nine settlement members live on the cross-currency swap service including several major banks.
As Europe is yet to see the significant uptake in actively managed ETFs that the US market has experienced, Annabel Smith asks why that is and how active ETFs operate.
AiMAX multi-asset index from HSBC uses artificial intelligence and big data as method for portfolio construction across 15 asset classes.
The tool from HSBC will allow asset managers to assess the effectiveness of hedging strategies and will be integrated with the bank’s single dealer platform later this year.
The bank said it would be targeting wealth management and commercial banking to achieve ‘double digit growth’ in Asia alongside pledging to invest $6 billion in the region.
The chatbot uses natural language processing to analyse information from numerous sources and distribute it to clients as well as internally within the bank.
Following a temporary suspension of its restructure due to the pandemic, HSBC confirms it will now speed up its transformation plans.