Fund Services

HSBC Securities Services operates in 39 markets in Asia-Pacific, the Middle East, Southern Europe and Latin America, providing world class securities services to global custodians, fund managers and broker/dealers worldwide. As of 31 December 2007, HSS had global assets under custody of US$6 trillion and global assets under administration of US$1.4 trillion.
Since 2006, HSBC started to provide domestic custody, fund administration and registrar services to domestic funds as part of our suite of service to local fund managers. As the first mover in the market accompanied by compelling client services and unrivalled market influence, we have acquired more than 70 % of market share in this sector.

Services:

• Accounting Record: double-entry back end system with cash or accrual basis.
• Valuation: Valuation reports can be customized to meet reconciliation needs or local regulatory reporting requirement. Currently, we perform valuation on a weekly and monthly basis, however, in global terms, our daily valuation capability also exists.
• Investment Compliance Monitoring: Powerful alert functions in in-house system.
• Registrar Services: Only service provider able to handle new fund offers for domestic public funds.

Benefits:

• Works with the leading custodian service provider in Vietnam to enjoy high-quality services, professionalism and security.
• Offers competitive pricing
• Has excellent local products capabilities
• Possesses world class system and technology advantage