Business Desk :
The Hongkong and Shanghai Banking Corporation Limited, better known as HSBC, has recently implemented host-to-host connectivity with Lafargeholcim Bangladesh Limited by integrating their Enterprise Resource Planning system with HSBC Connect.
HSBC can integrate its electronic banking platform with different standard ERP systems, which is defined as host-to-host connectivity.
Bangladesh-based system integration, coupled with a wide range of payment products, will help Lafargeholcim to disburse its commercial and statutory payments with more efficiency and less operational risk, said a press release.
Leveraging this host-to-host connectivity, Lafargeholcim will now be able to initiate all kinds of local disbursements over an encrypted network. This solution will also allow fully automated file transfer to and from HSBC along with account reporting and statement delivery.
