THETRADETECH DAILY THE OFFICIAL NEWSPAPER OF TRADETECH 2022
Daniel Leon :
Collaboration is key
How has HSBC fostered team collaboration in the hybrid working environment ? My experience is that the collaboration came very naturally when the Covid crisis happened . The move into remote working happened so fast that we all felt we had to go the extra mile to share , collaborate and adapt to the new environment . At HSBC Asset Management , we are working to make sure collaboration works whether you are at home or the office for the dealing team . We do it through the usual information sharing meetings , but also by offering opportunities for small teams to work together on specific dealing projects such as transaction cost analysis , industrialisation , and sourcing etc . Each trader has opportunities to engage and work with their colleagues .
How can institutions leverage increased use of remote communication tools to drive execution performance ? I am a great believer in using hybrid communication tools . At HSBC Asset Management , we have built an application called STAN to manage primary issuance globally that combines chat room , access to information and decision making . This is our new meeting room : a digital
The TRADETech Daily speaks to Daniel Leon , global head of trading , treasury management and global solutions at HSBC Asset Management , to learn how collaboration and communication steered the firm through the unique challenges of the Covid-19 crisis .
environment where you can see the new issues coming and talk about it between traders , portfolio managers and credit analysts . This new digital room allows us to monitor , analyse and decide in a very efficient way . The persistent nature of the chat makes it more inclusive as everybody has access to the information and can jump in . Looking further ahead we want to digitalise the way we monitor and capture market opportunities .
What role has technology played in creating an inclusive environment ? One of the major benefits of hybrid / remote working is that technology can be used to foster a more inclusive environment by democratising meetings – compared to in-person meetings , the
“ In this environment , it is really the central bank that I will be looking at for trading liquidity .” use of services such as Zoom enable team members to bring ideas to a virtual table , giving more opportunities for meaningful discussion and idea sharing . The big risk of remote working is to marginalise the more junior employees that have not yet built their network in a company . The digital journey we are building aims to give all team members a picture of what is happening and access to the conversation . It is going to be a better environment than when I started on a trading floor , barely speaking to my neighbour and not being sure of what was happening .
What events in 2022 do you expect to most heavily impact the liquidity landscape ? In this environment , it is really the central bank that I will be looking at for trading liquidity . How they will react to inflation and to the impact of the Russian / Ukrainian conflict on the commodities market will be essential for us .
Which TradeTech panel are you most looking forward to ? I am looking forward to the panels on data and automation , there is a lot to learn in term of practical implementation .
34 THETRADETECH DAILY