HSBC US Private Banking Enhances Wealth Management Solutions with Addepar | Techy Kings


Professional wealth management software enhances portfolio performance reporting for US Private Banking domestic and international clients.

NEW YORK, October 31, 2022–(BUSINESS WIRE)–HSBC US Private Banking, part of the bank’s Wealth and Personal Banking business, today announced that it has selected Addepar, a leading purpose-built technology platform for investments, as its unified client performance reporting platform. HSBC US Private Banking serves domestic and international high-net-worth and high-net-worth clients, as well as family offices, with $65 billion in assets under management.

As one of the world’s largest banking and financial services organisations, HSBC is committed to building the bank of the future by implementing transformative digital solutions for customers. Addepar’s innovative software and data platform for wealth and investment managers is a proven leader in the space, with a customer base that includes more than 800 of the world’s leading family offices, registered investment advisors, private banks and major financial institutions in over 30 countries. .

Addepar will provide HSBC US Private Banking with critical tools, such as comprehensive portfolio views and deep analytics, that will optimize the customer experience. The platform will also improve reporting on private and alternative investments, leverage multi-currency capabilities, and provide tailored reporting for the sophisticated needs of internationally minded high net worth and ultra high net worth clients, as well as family offices.

“This new partnership with Addepar combines best-in-class technology with advanced analytics that will help us best serve our clients around the world,” said Jessie Zhu, Head of Investment and Wealth Solutions, WPB US and Americas, HSBC. “We look forward to working with Addepar to manage, grow and preserve client wealth for generations to come.”

“Investment professionals face ever-changing environments and markets as they navigate the current financial landscape, with the need for technology and quality data more acute than ever. We are thrilled to be working with the forward-thinking team at HSBC to bring the category Addepar- defined platform to their US Private Banking business,” said Eric Poirier, CEO, Addepar. “The scale, flexibility and security of our platform unlocks our ability to meet the rapidly changing needs of the largest banks around the world, and in turn, for them to provide exemplary service to their customers. We look forward to continuing to grow with HSBC in the years- next year.”

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For more information on HSBC US Private Bank, please visit:

About HSBC

HSBC USA Inc. (“HUSI”) is a Maryland corporation and its primary business is to act as a holding company for its subsidiaries including HSBC Bank USA, NA Through HSBC Bank USA, NA and its subsidiaries, HUSI offers a full range of traditional banking products and services . to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly owned subsidiary of HSBC North America Holdings Inc.

HSBC Holdings plc, HSBC’s parent company, is headquartered in London. HSBC serves clients worldwide from offices in 63 countries and territories in its geographic regions: Europe, Asia, North America, Latin America, and the Middle East and North Africa. With assets of $2,992bn as at 30 September 2022, HSBC is one of the largest banking and financial services organizations in the world.

About Addepar

Addepar is a software and data platform purpose-built for professional wealth, investment and asset management firms to deliver outstanding results for their clients. More than 800 leading firms trust Addepar to unlock the power and possibilities of more informed, data-driven investment and advice. With a client presence in more than 30 countries, the Addepar platform aggregates portfolio, market and client data for over $4 trillion in assets. Firms can also use the Marketplace, a digital experience offered through Acervus Securities (member FINRA), to access and transact in a range of investment products with a focus on alternative and private market investments. Addepar’s open platform integrates with more than 100 software, data and service partners to deliver complete solutions for a variety of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London and Edinburgh, Scotland.

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