HSBC

HSBC is rolling out artificial intelligence across its trade finance operations, aiming to speed up document checks, reduce manual processing, and cut fraud risk in one of banking's most paperwork-heavy businesses. The move underlines how major banks are shifting AI from pilots to core transaction banking workflows.

HSBC has adopted Nasdaq Calypso's platform for exchange traded derivatives, according to Securities Finance Times. The move signals the bank's continued investment in technology to support its derivatives trading and post-trade operations. Nasdaq's Calypso system is widely used by financial institutions for cross-asset trading, treasury and risk management, and HSBC's adoption adds to its roster of major banking clients.