Telerate has won a three year contract to provide HSBC Group with a hosted market data service based on its distribution platform, Connect.
HSBC will roll out Telerate's information service across various business areas, enabling it to provide retail customers with premium benchmark market data and analysis tools via the Internet.
Additionally, Telerate will install a combination of its Active8 and WebStation products at 200 investment adviser positions across the group, which will provide staff with access to real-time data services.
Doug Jeffrey, MD of Telerate, EMEA, says: "This deal is further evidence of how the technology and products offered by Telerate can be used by organisations to greatly enhance their relationship with customers."