London, UK: HSBC has launched an API Developer Portal that provides customers direct access to a suite of bank’s tools. These tools allow customers to integrate bank’s API solutions into their own products and use them for a secure testing environment.
The developer portal helps to find suitable APIs for business needs, access technical documentation, and try out APIs in the test environment. This enables customers and developers to rapidly integrate with their products.
Initially, the portal will provide access to treasury payment and account information APIs. and other APIs for trade processing, custody holdings, bank guarantee status and global disbursements.
The portal also allows third party providers in the 15 markets having implemented Open Banking Regulation to access payment and account information APIs for retail, business and corporate banking.
HSBC will be regularly enhancing the portal with more API solutions over the coming months. It will continue to make enhancements to the customer and developer experience. Moving ahead, HSBC wants to make the portal a hub all of the bank’s regulatory and non-regulatory APIs.
“APIs are the future of corporate-to-bank connectivity, and the launch of our Developer Portal is the natural next step,” said Nadya Hijazi, Head – Digital, Global Liquidity and Cash Management, HSBC.
“By opening up our API suite to customers and developers, we’re enabling them to rapidly integrate our solutions into their own products. Embedding our insights into customers’ own businesses will make them more resilient, and less dependent on the limitations of their own technology,” added Hijazi.
“Pushing the boundaries of technology helps us deliver greater value to our clients, and HSBC’s API Developer Portal gives us access to the right APIs to streamline our integration with the bank,” commented Malcolm Leach, CTO – Flagstone Investment Management Limited.
“As a result, we spend less time working on the technical detail, and we are free to focus on our enhanced proposition,” added Leach.
UK based Flagstone Investment Management is the first HSBC customer to register with the new developer portal.