HSBC rolls out risk system
HSBC has rolled out a new system aimed at providing targeted risk management solutions to its customer base in Asia. The new system, Derivatives Application Sales Tool (Dast), is designed to automatically recommend the most appropriate derivatives product and trade ideas for HSBC’s clients, depending on their risk profile, objective and market view.
The proprietary system, which took 18 months to develop, essentially acts as an automated risk management adviser for each customer. “It’s
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