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2016-10-18

Hazeltree Partners with HSBC Global Asset Management to Automate Cash Sweeps

Management to Automate Cash Sweeps

Hazeltree LiquidityWeb™ adds access to HSBC Global Asset Management funds to
provide buy-side institutions with more cash investment solutions

NEW YORK and LONDON and HONG KONG, 2016-10-18 09:00 CEST (GLOBE NEWSWIRE) --
Hazeltree, the leading provider of integrated buy-side treasury management
solutions, today announced the addition of HSBC Global Asset Management to the
expanding partner network of Hazeltree LiquidityWeb™, an integrated cash
management and sweep platform. This partnership provides mutual clients an
efficient way to manage cash and sweep unencumbered free cash to HSBC Global
Asset Management money market funds, providing exposure to diversified
portfolios of high quality liquid assets with competitive yields. Hazeltree’s
partnership with HSBC comes at a time when buy-side clients continue to be
challenged by global regulatory changes and the implications they have on
traditional deposit taking activity.

HSBC Global Asset Management, one of the largest managers of offshore AAA-rated
money market funds, offers investment solutions, spanning a range of
geographies, currencies, risk levels and durations to meet its clients’
specific operating, reserve, and strategic cash management needs. With
liquidity operations in over 14 different locations, HSBC provides global and
local liquidity products in a wide range of currencies that suit differing
client requirements. This partnership with Hazeltree provides a
straight-through-process between buy-side firms and HSBC Global Asset
Management money market funds to provide liquid and diversified opportunities,
while offering yields in line with short-term money markets.

"Today’s global trading environment demands a clear focus on effective cash
management by integrating intelligent sweeps to preserve cash and provide
effective yields. Hazeltree LiquidityWeb offers a streamlined way to manage
those treasury activities,” said Sameer Shalaby, CEO of Hazeltree. “We welcome
HSBC Global Asset Management to our expanding partner network and look forward
to collaborating with them to provide our mutual clients access to their unique
variety of liquidity products.”

Hazeltree LiquidityWeb provides an efficient and secure interface to sweep
excess cash to a range of liquidity products from several of the world’s
leading financial institutions, now including HSBC Global Asset Management.
With a single click, clients can subscribe, wire money to fund their purchase,
and post their transaction to their internal general ledger. Similarly, they
can redeem, receive their funds and update their general ledger.

Hazeltree LiquidityWeb is offered as a standalone solution or integrated into
Hazeltree’s award-winning treasury management platform.

About HSBC Global Asset Management
HSBC Global Asset Management, the investment management business of the HSBC
Group, invests on behalf of HSBC’s worldwide customer base of retail and
private clients, intermediaries, corporates and institutions through both
segregated accounts and pooled funds. HSBC Global Asset Management connects
HSBC’s clients with investment opportunities around the world through an
international network of offices in around 30 countries, delivering global
capabilities with local market insight. As at 31 March 2016, HSBC Global Asset
Management managed assets totaling US$429bn on behalf of its clients. For more
information, see www.global.assetmanagement.hsbc.com.

About Hazeltree
Hazeltree is the leading Treasury Management solution provider, serving hedge
funds, asset managers, fund administrators, insurance companies and pension
funds with powerful, proactive performance enhancement and risk mitigation
capabilities that generate operational alpha, reduce a range of risks and
streamline operations. Hazeltree’s integrated treasury management solution
includes comprehensive cash management, securities financing, collateral
management, counterparty management and margin management capabilities.
Hazeltree is headquartered in New York with offices in London and Hong Kong.
For more information, please visit www.hazeltree.com.

Contact:
Sameer Shalaby, President & CEO
sshalaby@hazeltree.com
646.790.7250

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