Allfunds and HSBC collaborate to launch same-day settlement capability for Hong Kong money market funds

Allfunds has announced a strategic collaboration with HSBC to deliver enhanced same-day (T+0) settlement capabilities for Hong Kong money market funds. Together, Allfunds and HSBC have created an end-to-end straight-through processing (STP) experience that reduces settlement friction, accelerates payment processing, improving daily liquidity availability for both wealth managers and asset…