LONDON, Oct. 6, 2022 /PRNewswire/ - HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets - the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.
Developed in partnership with CGI (NYSE:GIB) (TSX:GIB-A.TO), the new platform allows clients to originate and manage all their trade finance products online. HTS leverages an API-native, modular design and flexible tech-stack that will form the backbone of HSBC's market-leading trade offering – supporting USD800bn of global trade per year.
Against a landscape of ongoing transformation through new technologies, improving supply chain resiliency and ESG imperatives, HTS will enable the bank to embrace future change faster and more efficiently.
HTS has redefined client experience through intuitive, self-service digital interfaces developed using ethnography. Clients will also benefit through higher degree of automation and straight through processing. Using the new platform also strengthens risk management and monitoring through fully integrated Anti-Money Laundering (AML), sanctions, fraud, and credit risk controls.
HSBC launches digital platform that revolutionises trade finance
PR Newswire - Press Release 
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