HSBC has enhanced its Liquidity Investment Solutions (LIS) execution platform with the integration of Active Placement, enabling clients to take direct control of their surplus cash investments.
LIS gives HSBC’s corporate and institutional clients the ability to invest and redeem their excess cash across a number of investment options. Investments were initially made using a pre-defined investment policy, but the addition of Active Placement gives clients the flexibility to initiate control investments directly, or to invest passively using an automated cash sweep with their pre-defined rules.
With dual authorisation and email notifications, Active Placement provides clients with the necessary corporate governance controls to execute investments with a number of money market funds. An auto-settlement feature provides full integration and operational efficiency in the management and movement of surplus cash.
Suraj Kalati, Global Head of Liquidity Products, HSBC, said: “LIS is a valuable tool in helping clients improve efficiency when it comes to cash flow management. The integration of Active Placement provides greater choice to our clients, and in doing so enables them to manage ad-hoc cash surpluses.
“LIS is now more holistic, and gives clients the opportunity to take greater control over their investments.”
HSBC LIS is available via HSBCnet’s Liquidity Management Portal, an intuitive suite of visual analytics and self-service tools, including cash flow forecasting that provide clients with visibility and transparency in optimising their liquidity.
LIS Active Placement is initially available to clients in the UK, Hong Kong and China. It will launch in the US and India in late March 2021.