Bringing you live news and features since 2006 

HSBC announces ETF Platform Solutions            

RELATED TOPICS​

HSBC has announced the launch of ETF Platform Solutions – its new end-to-end platform for providing asset servicing solutions to ETF issuers globally.

The firm writes that under a single offering, ETF issuers will have access to HSBC’s Markets & Securities Services capabilities, such as: ETF order management, PCF (portfolio composition file) production and custom ETF NAV (net asset value) attribution analysis; AP (authorised participant) services including ETF seeding and HSBC’s ETF fair value algorithms; swap provision and dedicated execution services under FX4ETFs; and HSBC FX Overlay Services.

As part of the roll-out of ETF Platform Solutions, HSBC has also partnered with Calastone to provide a next-generation ETF Order Management system.

Using Calastone’s cloud-based Distributed Market Infrastructure, the new ETF Order Management system will deliver real-time processing and monitoring capabilities to ETF issuers throughout the ETF creation and redemption life cycle. From order placement through to settlement, HSBC’s digital data integration interfaces will deliver live analytics to ETF issuers and authorised participants as order executions are completed.

HSBC’s Securities Services business, which it describes as one of the leading administrators and custodians to the ETF industry in Europe and Asia, will be deploying the new ETF Order Management system across its global ETF client base, including issuers domiciled in Ireland, Hong Kong, Singapore and Australia.  

Fiona Horsewill, Global Head of Securities Services, HSBC, says: “ETF Platform Solutions is tailored for ETF issuers using the full breadth of HSBC’s Securities Services capabilities.  The scale and connectivity of our platform will cover the entire ETF ecosystem, so ETF issuers and authorised participants can benefit from improved operational and infrastructure efficiency in processing large volumes of ETF orders across our global footprint.”

Brian Godins, Chief Commercial Officer, Calastone, says: “We’re pleased to be partnering with HSBC to provide the underlying technology for their new ETF Order Management system. Designed specifically for the ETF industry and powered by our Distributed Market Infrastructure, Calastone ETF Servicing is a scalable solution that enables HSBC to seamlessly support the growing ETF industry, while the enhanced market connectivity we offer brings improved timeliness and transparency to ETF fund managers and their authorised participants.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by