HSBC Securities Services

HSBC Securities and Services is the sub-custody and securities clearing business of The Hongkong and Shanghai Banking Corporation Limited, the founding and principal member of the HSBC Group. HSBC Securities Services business operates in 35 markets in Asia-pacific, the Middle East, Southern Europe and Latin America providing world class custody and clearing and various type of securities services to global custodians, fund managers, broker/dealers and institutions worldwide and is responsible for the safe keeping of over USD 400 billion in client assets.

Custody and Clearing in Indonesia, as part of the HSBC's securities custody and clearing operations in Asia Pacific and the Middle East, continues to provides a high quality service to global custodians, funds managers, and broker/dealers. Our Indonesian operation has obtained the custodial license from BAPEPAM (The Capital Market Supervisory Agency) under its Letter No. Kep-01/PM/1991 dated 27 September 1991.

Our Core Services are :

Safe Keeping and Administration of Securities ie. equities, fixed income etc. Settlement Services.

Settlement Services

Corporate Action Services.

Proxy Services.

Reporting and Information Provision; and

Sub-Registry services for Government Bonds and Bank Indonesia Certificate (SBI).

Combining all HSBC strength and advantage in the robust operation of Custody and Clearing, we also extend our services through Institutional Fund Services and Corporate Trust & Loan Agency.

Through our Institutional Fund Services, we provide flexible and complete solutions to financial institutions who are looking for accounting and administrative support for their equity and fixed income funds. We combine reliable services in fund accounting, valuations, transfer agent, reporting and investment compliance monitoring.

Our services can be distinguished as follow :

Fund Accounting/Administration:
Maintain full accounting records.

Provide cash/accrual based accounting.

Produce annual accounting in standard format.

Coordinate fund audit.

Calculate net asset value (NAV) of each portfolio.

Support various standard pricing method and tailored made pricing.

Position available on daily basis via front end system (iTracs &   HSBCNet).

Reports can be customized to meet your reconciliation needs.

Arrange publication of prices to media on a daily basis.

Registration & Transfer Agent
Maintain register of investors/unit holders.

Processing of order place (Subscription/Redemption/Switching).

Handling cash subscription/payments.

Issue dealing confirmation, Periodic (monthly/yearly) statement and composite statement to investors/distributors at certain interval requested by client.

Ability to accomodate the requirement on any future local regulation of witholding tax imposition to unit holder.

Compliance Monitoring
Monitor investment guidelines/restrictions.

Comply with relevant regulations.

With the development in capital market products these days, we see the need of offering customized services through Corporate Trust and Loan Agency unit. With regional support and outstanding experience in market industry, our dedicated team is fully committed in undertaking significant role in various functions as Escrow Agency, Transfer Agent, Security Agent, Payment, Facility, Collection Agent, and other support services in Asset Backed Securitisation.

We offer trust, agency and transaction management services globally in support of investment banking activities such as Project Financing, Syndication Loans, Capital Market Issuances, Restructuring, Merger and Acquisition, etc.

Apart of that, we also offer customized solutions in various agency functions to support vast array of situations

Leading provider of custody services in Indonesia.

Deliver high quality service of International standard.

Client driven, proactive, flexible, responsive, and highly dedicated relationship manager and operational staff. Additional support by regional relationship managers located in Singapore, Hong Kong, Japan, Taiwan, United Kingdom (Europe) and the USA.

World Class Settlement team.

One stop service provider for all custody needs including settlement, corporate action, safe keeping, and mutual fund administration.

Highly automated and efficient operations; and

Obtained approval from Bank Indonesia for sub-registry of government fixed income securities.