HSBC Unveils AI Markets

HSBC has launched AI Markets, a service offering that uses purpose-built natural language processing (NLP) to enhance how institutional investors interact with global markets. The bank says that in due source the service will be extended to large corporates.

HSBC says AI Markets “has the capability to revolutionise how investors navigate the complexity of financial markets”, explaining it allows users to generate bespoke financial market analytics, gain access to HSBC’s real-time and historic cross-asset data sets, and browse market insights.

While investors can use HSBC Evolve or third-party platforms to access AI Markets, they can also connect directly through an API. The bank says combining the service with its global footprint delivers a “powerful interface for investors to access real-time pricing and execution.

The service will also be constantly evolving with new capabilities being developed every day, the bank points out. By customising functionality or leveraging HSBC’s machine learning and data science experts, investors can find more efficient ways to do business – in order to save time and reduce cost, it adds.

“HSBC AI Markets has been built from the ground up with user experience in mind,” says Richard Bibbey, global head of FX, EM rates & commodities at HSBC. “It is designed to be adaptable, collaborative and dynamic in order to deliver solutions that fit the specific needs of each client.”