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HSBC launches online platform MyDeal to raise funds via capital mkts

Press Trust of India  |  New Delhi 

has launched a new digital platform to simplify capital raising process through capital markets by providing real-time access to information such as investors' feedback, profiles, client orders and deal

The platform -- MyDeal, contains all the information relating to a client's capital markets transaction, and is updated on real time basis.

In its pilot phase, MyDeal has raised over USD 25 billion in the first seven months through over 30 transactions globally.

"Raising capital through capital markets can be a nerve-wracking and complex process," of Corporate and Institutional Digital at said, adding that "MyDeal radically simplifies some of the most time-consuming and stressful parts of the process. It gives you real-time access to all aspects of your deal all available in one place".

The platform, which HSBC's bankers can access on a tablet or desktop, uses application programming interface (API) technology to centralise data from multiple channels and presents it using custom-made graphs and visuals, a company release said.

plans to release the app through the for clients to use directly later this year, the release added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 09 2018. 13:45 IST