Finloop Launches CashPro Backed by BNY Investments' Liquidity Platform
BNY (NYSE: BK) has partnered with Finloop Finance Technology to launch CashPro, an innovative instant liquidity management solution in Hong Kong. The solution leverages BNY Investments' liquidity platform to enable same-day interest accrual and hourly redemption capabilities, breaking traditional T+1 processing restrictions.
Finloop's existing T+0 money market fund solution has already processed hundreds of billions in USD transactions. CashPro currently supports USD holdings and plans to expand to other currencies including EUR, GBP, HKD, CNH, and JPY. The partnership combines BNY's $55.8 trillion in assets under custody and $2.1 trillion in assets under management with Finloop's AI-driven Web5 wealth technology platform.
BNY (NYSE: BK) ha stretto una partnership con Finloop Finance Technology per lanciare CashPro, una soluzione innovativa di gestione immediata della liquidità a Hong Kong. La soluzione sfrutta la piattaforma di liquidità di BNY Investments per consentire accredito degli interessi nello stesso giorno e rimborso orario, superando le tradizionali limitazioni T+1. Finloop's esistente soluzione di denaro di mercato T+0 ha già elaborato centinaia di miliardi di USD in transazioni. CashPro attualmente supporta posizioni in USD e prevede di espandersi ad altre valute tra cui EUR, GBP, HKD, CNH e JPY. La partnership unisce i 55,8 trilioni di USD in attività sotto custodia e 2,1 trilioni di USD in attività gestite di BNY con la piattaforma tecnologica di wealth Web5 guidata dall’IA di Finloop.
BNY (NYSE: BK) se ha asociado con Finloop Finance Technology para lanzar CashPro, una solución innovadora de gestión instantánea de liquidez en Hong Kong. La solución aprovecha la plataforma de liquidez de BNY Investments para permitir acumulación de intereses el mismo día y redenciones por hora, rompiendo las restricciones tradicionales de T+1. La solución T+0 de fondo monetario existente de Finloop ya ha procesado cientos de miles de millones de USD en transacciones. CashPro actualmente admite tenencias en USD y planea expandirse a otras divisas, incluidas EUR, GBP, HKD, CNH y JPY. La asociación combina 55,8 billones de USD en activos bajo custodia y 2,1 billones de USD en activos bajo gestión de BNY con la plataforma de tecnología de riqueza Web5 impulsada por IA de Finloop.
BNY (NYSE: BK)가 핀루프 파인테크놀로지(Finloop Finance Technology)와 협력하여 홍콩에서 캐시프로(CashPro)를 출시했습니다. 이 솔루션은 BNY Investments의 유동성 플랫폼을 활용하여 당일 이자 적립과 매시간 상환 기능을 제공하며 전통적인 T+1 처리 제약을 넘어섭니다. Finloop의 기존 T+0 머니마켓펀드 솔루션은 이미 수십억 달러의 USD 거래를 처리했습니다. CashPro는 현재 USD 보유를 지원하며 EUR, GBP, HKD, CNH, JPY 등 다른 통화로 확장할 계획입니다. 이 파트너십은 BNY의 55.8조 달러의 보관자산 및 2.1조 달러의 운용자산과 Finloop의 AI 구동형 Web5 자산관리 플랫폼을 결합합니다.
BNY (NYSE: BK) s’est associée à Finloop Finance Technology pour lancer CashPro, une solution innovante de gestion instantanée de la liquidité à Hong Kong. La solution exploite la plateforme de liquidité de BNY Investments pour permettre l’accrual des intérêts le jour même et des rachats horaires, brisant les restrictions traditionnelles du T+1. La solution T+0 de fonds du marché monétaire de Finloop a déjà traité des centaines de milliards de dollars en transactions USD. CashPro prend actuellement en charge les avoirs en USD et prévoit de s’étendre à d’autres devises, notamment l’EUR, la GBP, le HKD, le CNH et le JPY. Le partenariat conjugue les 55,8 trillions de dollars d’actifs sous custodie et les 2,1 trillions de dollars d’actifs sous gestion de BNY avec la plateforme technologique de richesse Web5 pilotée par l’IA de Finloop.
BNY (NYSE: BK) hat eine Partnerschaft mit Finloop Finance Technology geschlossen, um CashPro in Hongkong zu starten, eine innovative Lösung zur sofortigen Liquiditätsverwaltung. Die Lösung nutzt die Liquiditätsplattform von BNY Investments, um Zinslauf am selben Tag und stündliche Rücknahmen zu ermöglichen und damit traditionelle T+1-Verarbeitungsrestriktionen zu überwinden. Finloops bestehende T+0 Money-Market-Fonds-Lösung hat bereits Hunderte von Milliarden USD-Transaktionen verarbeitet. CashPro unterstützt derzeit USD-Bestände und plant, auf weitere Währungen wie EUR, GBP, HKD, CNH und JPY auszuweiten. Die Partnerschaft verbindet Bs 55,8 Billionen USD an Verwahrtvermögen und 2,1 Billionen USD an Assets under Management von BNY mit Finloops KI-gesteuerter Web5-Wealth-Technologieplattform.
أعلنت BNY (بورصة نيويورك: BK) عن شراكة مع Finloop Finance Technology لإطلاق CashPro في هونغ كونغ، وهو حل مبتكر لإدارة السيولة الفورية. تستفيد الحل من منصة السيولة لدى BNY Investments لتمكين تراكم الفوائد في اليوم نفسه و السحب كل ساعة، متحدياً قيود المعالجة T+1 التقليدية. لقد عالج حل Finloop الحالي للسندات النقدية T+0 مئات المليارات من معاملات USD. يدعم CashPro حالياً الأرصدة بالـ USD ويخطط للتوسع ليشمل عملات أخرى بما فيها EUR وGBP وHKD وCNH وJPY. تجمع الشراكة بين 55.8 تريليون دولار من الأصول تحت الحفظ و 2.1 تريليون دولار من الأصول تحت الإدارة لدى BNY مع منصة Finloop للثروات Web5 المدعومة بالذكاء الاصطناعي.
BNY (NYSE: BK) 与 Finloop Finance Technology 合作，在香港推出 CashPro，一种创新的即时流动性管理解决方案。该解决方案利用 BNY Investments 的流动性平台，实现 同日计息 和 按小时赎回，打破传统的 T+1 处理限制。 Finloop 现有的 T+0 货币市场基金解决方案已处理 数千亿美元的 USD 交易。CashPro 目前支持 USD 资产，并计划扩展到 EUR、GBP、HKD、CNH 和 JPY 等货币。此次合作将 BNY 的 55.8 万亿美元托管资产 与 2.1 万亿美元资产管理 与 Finloop 的AI驱动 Web5 财富科技平台结合。
- Partnership with major financial institution BNY enhances credibility and service offerings
- Same-day interest accrual and hourly redemption capabilities improve liquidity efficiency
- Planned expansion to multiple major currencies (EUR, GBP, HKD, CNH, JPY)
- Access to BNY's comprehensive liquidity network and advanced analytics
- None.
Insights
BNY partners with Finloop to power their CashPro solution, enhancing liquidity management offerings and expanding BNY's presence in Asia.
This partnership between BNY Investments and Finloop represents a strategic expansion of BNY's liquidity management services in the growing Asian fintech market. BNY is leveraging its
The deal has three key advantages for BNY: 1) It extends BNY's liquidity platform into the Hong Kong market through a local partner; 2) It positions BNY in the evolving Web5 (Web2+Web3) wealth technology space without direct development costs; and 3) It opens distribution channels for BNY's money market funds across multiple currencies beyond USD, including planned expansion to EUR, GBP, HKD, CNH, and JPY.
Finloop's existing money market fund solution has already facilitated hundreds of billions in transactions, suggesting this platform has established market credibility and operational scale. For BNY, this partnership aligns with the industry trend of established financial institutions partnering with fintech companies to expand service offerings and geographical reach without significant infrastructure investments.
While the financial impact isn't quantified in the announcement, the partnership enhances BNY's competitive positioning in liquidity services at a time when institutional and retail investors increasingly demand more efficient cash management solutions with faster settlement times.
Finloop's existing T+0 money market fund solution has facilitated transactions amounting to hundreds of billions of
Through BNY Investments' liquidity platform, Finloop can access a comprehensive liquidity network, including cash movements and transfer, as well as advanced data and analytics to augment its liquidity management solutions for retail and institutional clients. "CashPro" is expected to help clients optimize cash management through data, which significantly enhances capital flexibility and liquidity efficiency.
"We are thrilled to collaborate with BNY Investments, a cherished alliance capable of offering this unique solution, to provide our clients unparalleled access to liquidity solutions," said Cheng Kang, Chairman of Finloop. "BNY Investments' liquidity platform has been pivotal in transforming 'CashPro' into a game changing solution for our clients. Finloop 'CashPro' currently services USD holdings and will expand to other currencies, including EUR, GBP, HKD, CNH, and JPY, in the near future."
"We are excited to power the launch of 'CashPro' with BNY Investments' liquidity platform," said Doni Shamsuddin, Head of
Finloop Finance Technology Holding Limited
Finloop Finance Technology Holding Limited, along with its subsidiaries (collectively referred to as "Finloop"), is an AI-driven global one-stop Web5 (Web2+Web3) wealth technology platform that offers comprehensive wealth management products and technology solutions to various financial institutions. Its offerings include cash management, public funds and private funds, structured products, bonds, insurance, and virtual assets. As a fintech leader in
BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in
BNY Investments is one of the world's largest asset managers, managing almost
[1] BNY Investments' liquidity platform is money market fund (MMF) investment portal for BNY Investments clients, powered by The Bank of New York Mellon's LiquidityDirectSM. The Bank of New York Mellon provides Liquidity Services pursuant to its Liquidity Services and Related Custodial Services Agreement ("Liquidity Services Agreement"), including the ability for client to authorize and direct The Bank of New York Mellon or its affiliates to invest cash balances in money market mutual funds and to access and use certain "Electronic Services" in connection therewith, each as described more fully in the Liquidity Services Agreement. |
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SOURCE Finloop Finance Technology Holding Limited
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