Finloop Launches CashPro with BNY Investments' Liquidity Platform
Finloop Finance Technology Holding Limited has launched 'CashPro,' an innovative liquidity management solution, announced in a press release. This new service is designed for both retail and institutional clients in Hong Kong and utilizes the liquidity platform of BNY Investments.
'CashPro' builds on Finloop's existing T+0 money market fund solution, which has already facilitated transactions worth hundreds of billions of U.S. dollars. The enhanced solution challenges traditional T+1 processing restrictions by enabling same-day interest accrual for subscriptions and supporting hourly redemption.
Through BNY Investments' liquidity platform, Finloop can access a comprehensive liquidity network, including cash movements and transfers, as well as advanced data and analytics. This integration is expected to optimize cash management and significantly enhance capital flexibility and liquidity efficiency for clients.
Currently, 'CashPro' services USD holdings, with plans to expand to other currencies such as EUR, GBP, HKD, CNH, and JPY in the near future.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 HKMA Introduces ART Framework for AI Use in Banking Oct 15 Moomoo Adds AI Assistants to Global Paper Trading Contest Oct 15 Financial Stability Board Publishes 12 AI Practices for Financial Firms Oct 15 Starling Bank to Train Transactional AI Model on Civo UK CloudFinance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
Binance Launches AI Tools for Market Analysis and Trading
Prophix Partners With PwC Belgium on Finance Automation
Qupital Launches AI Lending Protocol for Online Merchants
Valour Launches AI Managed Digital Asset Hedge Fund
EDGE Markets Adds Controlled Capital Access for AI Agents
Daily AI Brief: the AI news that matters, in your inbox.