HSBC Private Bank (Suisse) chooses TradingScreen for SWX connectivity

Source: TradingScreen

TradingScreen, the premier global execution management system (EMS) providing multi-broker and multi-asset class trading systems to more than 1000 Buy-Side institutions, today announced an agreement to offer to HSBC Private Bank (Suisse) SA, based in Geneva, direct access to the Swiss Stock Exchange (SWX) through TradingScreen's Private Banking Workstation (PBW).

The recently launched Private Banking Workstation (PBW) closely integrates all the key functions required by the Private Banker / Relationship Manager from market information (news, market data, blogs, chat), and multi-asset class execution to straight through processing in a single easily downloadable trading application.

TradeExchange is a fully outsourced exchange connectivity solution allowing exchange members direct access to most equity and futures exchanges with no infrastructure. TradeExchange incorporates access to the new SWX trading platform, SWXess, currently being rolled out to exchange members. The solution provides users with immediate access and significant cost savings.

Commenting on the agreement Philippe Buhannic, CEO of TradingScreen, Inc. said: "We are very pleased to develop further our long standing relationship with a leader in private banking like HSBC and provide them with our Private Banking Workstation (PBW) combined with access to SWX through TradeExchange. TradingScreen has worked for years to improve large private banker's workflow and offer these innovative products that meet the market needs for simplicity and efficiency. These products are backed up by a local TradingScreen presence in Geneva and will leverage fully, the multiple possibilities offered by the new SWX platform".

"TradingScreen brings a recognized expertise of the trading workflow combined with an innovative deployment and integration approach that meets our needs as a global private bank. We are pleased to develop our partnership further" said Christine Lynch, Managing Director of the Private Bank Investment Group at HSBC Private Bank (Suisse) SA. "Using TradingScreen to connect to the Swiss Exchange provides us with the functionality to handle sustained growth in our trade volumes as well as to automate reporting requirements to both internal and external regulatory bodies"

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