The business will be structured around two newly created divisions, with the aim to broaden its fund administration solutions offering to German clients.
Tag: HSBC Securities Services
The mandate includes a bundled package across fund administration, depositary and custody on HSBC's growing European ETF servicing platform.
Custodians continue to step into the provision of ESG transparency and insight to meet growing demand from their clients.
HSBC increases investment into new private markets unit as investors look to pick up yield in a low and declining global interest rate environment.
The new Data Mesh platform consolidates data across 200 of HSBC's securities services systems into one platform and will power new data products and services.
The service is supported by a new Edinburgh-based operation managing its back-office processing function.
HSBC will be its primary service provider for TIH's newly launched Asian active engagement Vastana Fund.
HSBC Securities Services hires former Citi and JP Morgan veteran to lead asset manager and asset owner sales and client managemet.
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.