HSBC to Connect Transfer Agency to Fundnode

HSBC is set to connect its transfer agency operations to Fundnode, part of Marketnode’s shared transaction network for Singapore’s fund market.

As one of Singapore’s leading transfer agents, HSBC services funds from some of the market’s major fund managers, bringing significant transfer agency expertise and market reach to Fundnode.

Its connection to Fundnode for the CPF market will strengthen the network supporting more efficient order routing, settlement coordination, and transaction processing across Singapore’s fund ecosystem.

As of 31 August 2026, Fundnode has processed over 3 million fund orders—representing over S$2 billion in notional transaction value, across 1 shared network.

These orders represent fund subscriptions, switches, and redemptions processed across a growing ecosystem of distributors, agent banks, and transfer agents—bringing more of the fund market onto a shared transaction layer.