The two biggest markets for HSBC are the UK and Hong Kong, where HSBC Trade Solutions (HTS) has been made available to consumers.

Through integrated digital journeys, HTS will power trade that is quickly evolving across various platforms and ecosystems while making it simpler, faster, and safer for customers.
The new platform, which was created in collaboration with CGI (NYSE: GIB) (TSX: GIB.A), enables users to create and manage all of their trade finance products online. HTS uses an API-native, modular design and flexible tech stack as the foundation for its market-leading trade offering, which supports USD800 billion in annual global trade.
HTS will give the bank the ability to adapt to future change more quickly and effectively against a backdrop of ongoing transformation brought on by new technologies, improved supply chain resiliency, and ESG imperatives.
Through the development of user-friendly, self-service digital interfaces utilising ethnography, HTS has transformed the client experience. Higher levels of automation and straight through processing will also help clients. The new platform’s fully integrated anti-money laundering (AML), sanctions, fraud, and credit risk controls improve risk management and monitoring.

Source: Prnewswire