Accurate Software says it has signed a partnership agreement with HSBC’s Global Payments and Cash Management division. Under the terms of the agreement, which comes into effect immediately, HSBC Global Payments and Cash Management will recommend Accurate’s Operational Risk Management solution to its clients.
HSBC’s Global Payments and Cash Management division will expand its portfolio of services to include Accurate NXG to deliver improved business efficiency and minimised exposure to risk. The solution will be offered to banks, fund managers, securities firms, insurance companies and corporate clients across a wide range of sectors.
“Over the last ten years Accurate has built a prestigious client base across four continents,” says Philip Hall, chairman and co-chief executive officer, Accurate Software. “Partnering with an international financial services organisation such as HSBC is a great endorsement for Accurate and reflects our overall strategy to work with world-class organisations. We are delighted to have been selected by HSBC and look forward to delivering operational risk management solutions to its clients.”