HSBC live with IT&e risk management platform

HSBC live with IT&e risk management platform

Global banking group HSBC is using technology from Sydney-based IT&e Limited to manage credit, market and liquidity risk at its London operations.

The bank has rolled out IT&E's credit risk mangement technology Razor to monitor specific areas of credit, market and liquidity risk. The deployment follows a recent 18-month implementation at ANZ.

IT&e's says its professional services team were engaged by HSBC to implement Razor within an aggressive six month implementation schedule.

Commenting on the deployment, Shane Lamont at HSBC, says: "IT&e's Razor solution provides a platform with the functional depth, performance and accuracy required to meet our business requirements."

The Australian vendor says the HSBC deal proves it's ability to successfully deliver and support risk management systems in the Emea region.

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