HSBC Mulls IT Suppliers
CROSS-ASSET PLATFORMS
LONDON—HSBC's cross-asset technology overhaul also impacts the bank's use of vendor-provided application software, according to Kevin Bourne, the managing director and global head of execution trading for HSBC's investment banking arm.
Although the underlying trade messaging infrastructure will be united across all asset classes, applications such as order management systems (OMSes) will be asset-class-specific because of the nature of what they have to do, Bourne says.
The bank has yet to
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