The challenge

Asset owner and asset manager clients require real time and accurate reporting on portfolios that they manage in order to facilitate their investment decisions. They also need positions to be reported in an appropriate way (e.g., settled position) to ensure that back - end operations can reconcile internal system records. Relying on SWIFT as the traditional method can be cumbersome in meeting timely data supply requirements which heavily depend on system straight through processing (STP), where data availability is often limited by SWIFT / ISO standards.

The solution

Clients can integrate HSBC Securities Services Custody Holdings API within their own systems in order to obtain access to real-time holdings positions (both traded and settled) in their accounts where they have active trades. This will allow clients to make a more informed decision where they need to make investment decision on available positions. Our APIs enable the fund manager to access the entire portfolio that they are managing in real time. Additional access rights can be set up for other investment advisors, if a Power of Attorney (POA) is granted by the fund.

To help the fund manager in the reconciliation of internal system records, APIs can feed portfolio data in traded positions in addition to settled positions. 

Benefits

• Instant access to portfolio data per the fund manager’s specific needs and requirements
• An easy and more efficient way to consume position data
• Greater variety of data availability in comparison to SWIFT
• Greater flexibility to include additional data not limited by ISO/SWIFT standards
• Better and faster decisions in identifying resolutions to avoid trade failures
• Less time spent in calculating intra-day basis positions on previous day-end and current trades for settlement on the day
• Process efficiencies can allow teams to be more scalable and operate within the necessary internal and external cut-off times to ensure that a trade will settle in the market
• Increased ability for clients to borrow or lend shares on an intra-day basis with clear visibility of their holding positions throughout the day

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