HSBC Securities Services India has launched ‘DerivEasy’, a web platform that will allow the bank’s institutional investors to get access to near real-time information on futures and options (F&O) trades.
The new platform is aimed at assisting investors in making time-critical investment decisions and their risk management process.
DerivEasy intends to simplify the trade validation process and support investors in the monitoring of margin requirements on existing and prospective trades, collateral utilisation, and position limits.
According to HSBC, the platform also offers setting up of customisable alerts to track critical information, among other features.
Anuj Rathi, head of HSBC Securities Services India, said: “HSBC is at the forefront of adopting data and digital solutions for both client experience and internal efficiencies. It is our constant endeavour to support clients through access to innovative platforms and tools that aid their decision making including risk management. DerivEasy is one such tool.”
Ravi Varanasi, head of business development at National Stock Exchange, commented: “India is amongst the largest F&O market globally by trading volume and has the potential to grow further. The launch of DerivEasy, a feature-rich online platform by HSBC is a commendable initiative and a step in the right direction towards building market infrastructure and growth through the use of data and digital.”
Ramamoorthy Rajagopal, COO of DSP Mutual Fund India, and a key relationship for HSBC India, added: “HSBC is a trusted partner who strives to offer the right solutions to its clients. DerivEasy is one such unique solution that will help institutional F&O investors manage their investments more efficiently by having access to real-time information.”
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