HSBC Armenia announced Evolve roll out in the local market to facilitate foreign exchange trading for corporate clients.

Inspired by the changing environment in the spheres of execution, risk management, treasury and more, HSBC Bank Armenia cjsc (HSBC Armenia)  has  enriched its  electronic trading capabilities to help clients experience a seamless execution service.

Simple, but powerful technology is key for making smart decisions in today’s dynamic environment.
True to its  purpose of opening up a world of opportunity for its customers, HSBC Armenia  brings to Armenia HSBC Evolve - HSBC’s new generation execution platform.

HSBC Evolve is designed to help corporate treasurers save time and costs, reduce operational overheads and risk, and to have increased control over FX activities. The platform helps customers complete their everyday banking tasks digitally with ease.

“The launch of HSBC Evolve fits well with our commitment to provide our customers with easy-to-navigate, smart and secure digital solutions, which aim to enhance our customers’ experience,” said Ruben Melkoyan, Head af Markets and Securities Services, HSBC Bank Armenia cjsc.

With Evolve, customers get an opportunity to tap into advanced execution capabilities and access the bank’s liquidity network with over 1,500 currency pairs across most markets.

The Trading Canvas is fully customisable: customers can add or delete currency tiles as they wish, access detailed information easily and execute trades with a single click.

Through the powerful Trading Blotter, customers get a complete overview of all their trades executed with HSBC at a glance, regardless of the execution method.

HSBC Evolve has been designed to increase the scale, scope and speed of foreign exchange trading for corporate clients, taking their trading to the next level, by refreshing execution experience and taking the complexity out of day-to-day operations. Executing transactions in a reliable, easy-to-navigate environment is key to helping our customers make the most of market opportunities and optimise cross-border operations.

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,969bn at 30 September 2021, HSBC is one of the world’s largest banking and financial services organisations.

HSBC in Armenia

HSBC Bank Armenia cjsc was established in 1996. The bank is a wholly owned subsidiary of HSBC Group. HSBC Armenia serves around 30 000 customers through seven offices located in Yerevan and around 310 employees. As of 30 September 2021, the Bank has assets of AMD311 billion including the ones, allocated with the mediation of the HSBC Bank plc, London.

The bank is regulated by the Central Bank of Armenia.