HSBC has launched an Application Programming Interface (API) Developer Portal to provide customers with access to APIs for trade processing, custody holdings, bank guarantee status and global disbursements.
The portal will also initially provide access to treasury payment and account information APIs. Customers will have direct access to these tools and can integrate the bank’s API solutions into their own products, as well as make use of a secure testing environment.
According to HSBC, the portal enables customers and developers to easily find the right APIs for their business needs, access the technical documentation, and try out APIs in the test environment, enabling rapid integration into their own products.
Additionally, the portal allows third party providers in the 15 markets where Open Banking Regulation has been implemented to access payment and account information APIs for retail, business and corporate banking.
HSBC says it will be regularly enhancing the portal with more API solutions over the coming months and will continue to make enhancements to the customer and developer experience.
Eventually, the portal will house all of the bank’s regulatory and non-regulatory APIs.
Nadya Hijazi, head of digital, global liquidity and cash management at HSBC, says: “APIs are the future of corporate-to-bank connectivity, and the launch of our Developer Portal is the natural next step.”
Hijazi explains: “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."
