Hyperlayer Launches a Loan Deposit Program with Morgan Stanley, Helping Enhance the Digital Banking Experience

Hyperlayer, the programmable banking technology company, has today announced a new loan deposit feature that lets Morgan Stanley Wealth Management clients access securities-based loan proceeds directly inside their existing accounts.

The new feature allows clients to access loan proceeds in their existing accounts while automatically applying any restrictions on their use. Hyperlayer’s technology works with Morgan Stanley’s existing banking systems to enforce these restrictions in real time as clients use their funds. Clients gain immediate access to loan proceeds through the accounts they already use.

“Every great bank has products that already work well, and the strongest ideas often come from refining one specific product rather than everything at once,” said Rob Rooney, Co-founder and CEO of Hyperlayer. 

“Securities-based lending is a good example. Morgan Stanley Wealth Management already offers a streamlined borrowing experience. Working with them, we built the ability to configure rules inside the account and execute them automatically, in real time. The result is the rapid delivery of one more seamless moment for clients inside the institution they already trust, with no disruption.”

“Our goal was to give eligible clients more options to access their loan proceeds while meeting applicable use-of-proceeds requirements. Working with Hyperlayer, we were able to develop and launch the solution quickly, enhancing the Morgan Stanley banking experience. The technology is extendable, so we aim to apply the same approach to other banking capabilities in the future,” said Aleksey Shevchenko, Managing Director, Head of Deposits and Core Banking Technology, Morgan Stanley.