Better access to liquidity
Philippines – HSBC expertise and knowledge of regulations facilitated the implementation of a cross border solution to access funds.
Improved operational efficiency
India – During COVID-19, staff could not sign paper documents, so HSBC rapidly implemented a digital signature solution and gained regulatory approval, for which the bank won an award.
Better visibility and mobility of cash
Hong Kong SAR – Cash is concentrated from mainland China, Singapore and Japan into Hong Kong SAR, improving insight into regional liquidity.
Support for WPP’s digital transformation
HSBC engaged subject matter experts to fine tune WPP’s regional liquidity and domestic structure as regulations evolved, projects included cross border sweeps and next generation virtual accounts.