HSBC embarks on radical tech revamp

TECHNOLOGY NEWS

The bank is also looking to consolidate vendor relationships globally in order to simplify technology infrastructure.

Overseeing the project will be a newly formed cross-asset class technology group that has recently been established. "We now have some very experienced people whose core skills are messaging infrastructure and messaging standards," said Kevin Bourne, managing director and global head of execution trading at HSBC.

The team's expertise covers all messaging structures used in

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