HSBC launches Liquidity Management Portal

Thursday 29 November 2018 12:18
New digital platform makes it easier for clients to view and self-manage their liquidity.

HSBC Holdings Plc has launched a Liquidity Management Portal to give corporate and financial institution clients a clearer picture of their cash position globally and provide tools to self-manage their liquidity, enabling improved funding and investment decisions. The tool is available in 54 countries globally, with 18 of these in Asia-Pacific.

The portal includes a Liquidity Management Dashboard, which uses data visualisation to give Treasurers an accessible, real-time view of their cash and cash-equivalents, across multiple banks and products. At the click of a button, clients can drill-down from a consolidated view of their balances globally to an individual account, providing greater visibility and control of their short-term liquidity. Clients can view balances in a currency of their choice.

Kee Joo Wong, Regional Head of Global Liquidity and Cash Management, Asia Pacific, HSBC said: "Having timely and accurate liquidity data at your fingertips is essential for any treasurer. HSBC's Liquidity Management Portal provides an intuitive view of key liquidity performance indicators and enables clients to make faster and more informed decisions to mobilise funds across the diverse regulatory landscape in Asia."

The portal builds on HSBC's market-leading liquidity management and deposit propositions, including HSBC Global Liquidity Solutions and HSBC Liquidity Investment Solutions. It adds self-service tools that enable clients to make changes to their liquidity structures or investments at their own convenience, to suit their dynamic business needs.

Based on live on-screen information, clients can make common changes to their liquidity structures, such as sweeping and inter-company lending arrangements. Decisions will be implemented immediately, increasing speed and efficiency, and reducing documentation while still providing a full audit trail.

Treasurers using HSBC Liquidity Investment Solutions will also be able to view and self-manage their investments in a range of short-term, triple-A rated money market funds. Consolidated reporting provides clients with full visibility of investments, sweep parameters, Market Indices and Fund Trackers.

Clients can access the Liquidity Management Portal from within HSBCnet, HSBC's global online banking platform, without additional sign on.

New features will be added to the Liquidity Management Portal in due course. A Cash Flow Forecasting platform will increase the accuracy, consistency and quality of cash forecasting processes. The portal will also provide access to on and off balance sheet investments, enabling client to execute active investments in a wide range of funds.

The Hongkong and Shanghai Banking Corporation Limited

The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group, which serves our customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. The Group serves customers worldwide from approximately 3,800 offices in 66 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,603bn at 30 September 2018, HSBC is one of the world's largest banking and financial services organisations.