HSBC and IBM successfully test multi-ledger CBDC, bond and FX settlement capability
Cross-border, cross-CBDC and digital currency, cross-asset, cross ledger, end-to-end securities and foreign exchange transactions successfully executed.
Tag: HSBC
DLT allows for first interbank riskless settlement outside of CLS
The move marks a change in FX settlements, allowing market participants to significantly reduce their settlement exposure and associated risks.
HSBC FX eDistribution head departs for JP Morgan after 20 years
New head of sales foundational products will be part of the bank’s team responsible for digital products used by its global sales teams, The TRADE can reveal.
HSBC launches open architecture post-trade platform to offer third-party services
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.
HSBC launches new Google Cloud risk trading tool
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.
HSBC rolls out analytics to monitor in-flight FX algo performance
eRisk Analytics portal within HSBC’s single dealer platform Evolve will provide traders with key metrics to monitor FX algo performance.
HSBC signs up to CLS and IHS Markit cross-currency swaps service
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.
ETFs
Active ETFs: Europe has a way to go
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.
HSBC expands AI index suite with multi-asset strategy
AiMAX multi-asset index from HSBC uses artificial intelligence and big data as method for portfolio construction across 15 asset classes.
HSBC launches FX hedging analytics tool for buy-side
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.