HSBC Selects Accurate to Boost Operational Control

HSBC Holdings is to install Accurate NXG to provide selected parts of its Corporate, Investment Banking and Markets (CIBM) division with improved operational control and to help reduce its exposure to risk. HSBC will roll out Accurate NXG across various business lines to standardise reconciliation processes and will also employ Accurate’s ‘Dashboard’ technology to deliver business intelligence and on-line management information. NXG already supports HSBC Private Bank in Geneva and in Hong Kong, and Accurate Software has a partnership with HSBC’s Global Payments and Cash Management division.


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