Finastra & HSBC: Collaborate to bring Banking as a Service FX capability

Finastra & HSBC: Collaborate to bring Banking as a Service FX capability

• Finastra is a global provider of financial software applications and marketplaces and launched the leading open platform
• HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London
• Announced that they are working together to distribute HSBC’s FX services via FusionFabric.cloud platform
• This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions
• The first phase of the roll-out will provide both indicative and executable FX rates to regional mid-tier banks
• Integrating HSBC FX services with mid-tier banks will allow participating banks to deliver a wide range of currencies