The two banks with leverage previously established bots for a new digital solution aimed at improving custody FX processes for emerging market currency trades.
The portal is underpinned by API technology, which the bank has been rolling out across its wider securities services business.
BNP Paribas is building a new global digital portal where asset managers would be able to access valuable ETF data regardless of their domicile.
HSBC is implementing a layer of APIs that chips away at its underlying legacy tech, while at the same time, standardising data and information flows to its custody clients.
New and disruptive technologies are causing a fundamental shift in mindset towards approaching legacy systems as custodians look to think outside the box.
In the first part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on technology and digital trends in the securities services industry.
The emerging and frontier markets banking specialist is seeing how it can utilise new technologies with its largest clients.
HSBC's global co-heads of securities services explain their focus on unlocking the potential of the group’s overall universal banking model for its clients.
Sibos 2019 in London saw several key announcements from securities services providers over the deployment of APIs, AI and DLT.