In a market first, HSBC Egypt launches Evolve platform for businesses

HSBC Egypt announced on Monday the launch of HSBC Evolve platform, granting corporate clients access to a fully integrated and customisable FX trading execution journey, from pre-trade through to post-trade, in a first for the Egyptian market.

HSBC Evolve is an award-winning intelligent and interactive single dealer platform which gives businesses access to a breadth of HSBC’s products and services, 24 hours a day, 5 days a week.

“At HSBC, we understand the role digital innovation plays in transforming business. The launch of HSBC Evolve underlines our commitment to provide our customers with a seamless and secure digital platform to help them make the most of market opportunities and optimise their cross-border operations” Todd Wilcox, HSBC Egypt CEO and deputy chairman, said.

HSBC Evolve platform gives corporate clients better control and value throughout the execution lifecycle and a complete overview of all the trades executed with HSBC at a glance. The platform also gives them the ability to perform a wide range of trading activities all in one place.

“HSBC Evolve is a smart execution and exposure management platform that takes FX trading to the next level offering a customisable FX platform that adapts to fast-changing markets and technology. It makes execution more intuitive, flexible and efficient while offering a seamless experience to execute transactions in a reliable, easy-to navigate environment.” Yasser Yehia, Country Head of Global Markets at HSBC Bank Egypt, explained.

The platform is designed to help corporate treasurers save time and costs, reduce operational overheads and risk, and to have increased control over FX activities.