HKMA chooses HSBC and Calypso
The Hong Kong Monetary Authority HKMA has appointed HSBC as the settlement institution for its US dollar clearing system. The five-year appointment is the third time that HSBC has been selected by HKMA for its clearing system.
“We remain committed to the continued development of the financial infrastructure in this region, especially with increasing cross-border payments across Greater China and within
HKMA has also implemented Calypso’s full front-to-back trading and treasury management system. Calypso’s system will leverage functionality for many front-to-back office tasks, such as...