HSBC signs partnership agreement with Accurate Software to deliver Operational Risk Management solutions

Accurate Software today announced the signing of a partnership agreement with HSBC's Global Payments and Cash Management division. Under the terms of the agreement, which comes into immediate effect, HSBC Global Payments and Cash Management will recommend Accurate's Operational Risk Management solution to its clients.

HSBC's Global Payments and Cash Management division will expand its portfolio of services to include Accurate NXG to deliver improved business efficiency and minimised exposure to risk. The solution will be offered to banks, fund managers, securities firms, insurance companies and corporate clients across a wide range of sectors.

Built on four core competencies of reconciliation, exception management, workflow and business intelligence, Accurate NXG was reviewed alongside a range of competitive offerings. Accurate was selected for the strength and functionality of its solutions and its reputation for professionalism.

Philip Hall, chairman and co-chief executive officer, Accurate Software said: "Over the last ten years Accurate has built a prestigious client base
across four continents. Partnering with an international financial services
organisation such as HSBC is a great endorsement for Accurate and reflects
our overall strategy to work with world-class organisations. We are delighted to have been selected by HSBC and look forward to delivering operational risk management solutions to its clients."

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