HSBC Launches Global e-Banking In Malaysia

World IT Report, May 16, 2004

HSBC Bank Malaysia has launched its Internet-based global electronic banking platform, HSBCnet, for Malaysian corporate and institutional customers.

HSBCnet is delivered via a single Internet platform, offering a range of products and services that encompasses HSBC's corporate, investment banking and markets businesses, the bank said in a statement.

The solutions presently include cash management, trade, liquidity management, securities, treasury and capital markets, and will be expanded to cover more areas in the future.

By working along the perimeters derived from customer feedback, HSBC was able to effectively address issues relating to corporate firewalls, customer-supplier relationships, outsourcing and automation of payables and receivables, regional solutions for financial accounting and treasury management. - (World IT Report.com)