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HSBC UK Private Banking Collaborates with Addepar

On June 3, 2025, HSBC UK Private Banking announced its partnership with Addepar, marking a significant step in enhancing the client reporting experience for high-net-worth individuals and family offices. This collaboration makes HSBC UK the first major British bank to utilize Addepar's advanced software platform, tailored specifically for wealth management.

This innovative platform follows a successful implementation in the U.S. Private Banking division and is set to expand into the Channel Islands and Luxembourg later this year. HSBC UK Private Banking, recognized globally as one of the largest banking and financial service providers, is committed to delivering exceptional customer experiences through superior digital solutions.

The Addepar platform is engineered to provide clients with a streamlined reporting experience. It adeptly manages complex facets of wealth management, such as alternative investments and consolidated accounts. Relationship managers and investment advisors can now offer personalized, comprehensive performance data and insights with just a few clicks. Moreover, it has the capability to aggregate performance data for clients investing with multiple wealth managers, ensuring a complete overview of their investment portfolios.

Charles Boulton, Head of Private Banking at HSBC UK, expressed enthusiasm about the adoption of Addepar's asset management platform. He stated, “Delivering real-time, customized client reporting for all types of assets is essential for our clientele. Thanks to Addepar's platform, our customers have immediate access to the best possible insights to navigate an increasingly complex financial landscape. We are making significant strides by presenting a client’s full portfolio, allowing them a holistic view of their wealth across multiple currencies and various wealth managers.”

James Thomson, Head of Investment Counselling at HSBC UK Private Banking, highlighted the importance of advanced reporting capabilities. He noted, “As a leader in alternative investments, there is a growing appetite among our private banking clients to allocate parts of their portfolios into this asset class. The sophisticated reporting capabilities of Addepar were a crucial selling factor. With our new reporting abilities, our investment advisors can now provide deeper insights and enhanced transparency more efficiently. This allows them to dedicate more time to what matters most—delivering high-quality advice supported by robust analysis.”

Eric Poirier, CEO of Addepar, shared his insights about the partnership. He stated, “Addepar is dedicated to bringing greater transparency, connectivity, and intelligence to the global investment ecosystem. HSBC UK Private Banking's choice of our platform exemplifies forward-thinking leadership—embracing a solution designed to provide investors, advisors, and their clients with a comprehensive, up-to-date data-driven perspective. As our first major banking partner in the UK, HSBC is redefining what it means to be at the forefront of data-driven and truly differentiated client experiences.”

About HSBC UK

HSBC UK serves over 15 million active customers across Great Britain, supported by a dedicated team of 23,900 colleagues. The bank offers a full range of banking and wealth management services for personal and private banking clients, in addition to commercial banking for small to medium enterprises and large corporations. It operates as a wholly-owned subsidiary of HSBC Holdings plc, which is headquartered in London and serves customers across 58 countries and territories, boasting assets worth $3.017 trillion as of December 31, 2024.

About HSBC Global Private Banking

HSBC Global Private Banking focuses on helping clients manage, grow, and preserve their wealth for future generations. Through a network of global experts, clients gain access to investment opportunities worldwide, plan for their future with comprehensive wealth and succession planning, manage their portfolios with tailored solutions, and receive support for their charitable endeavors. For more information, please visit HSBC Private Banking.

About Addepar

Addepar is a leading global technology and data firm that empowers investment professionals to provide informed and accurate guidance to their clients. Hundreds of thousands of users have trusted Addepar over the past decade for improved investment decisions and advice. With clients in over 50 countries, the platform handles portfolio, market, and client data for assets exceeding $7 trillion. Addepar integrates with over 100 software, data, and service partners to offer a complete solution for diverse business needs. The company operates with a globally flexible workforce out of offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune, and Dubai.