Hyperlayer has launched a loan deposit feature for Morgan Stanley Wealth Management that lets eligible clients access securities-based loan proceeds through their existing accounts.

Loan proceeds can be deposited directly into accounts clients already use, with restrictions on how those funds may be used applied automatically. Hyperlayer said its system works alongside Morgan Stanley's existing banking infrastructure rather than requiring changes to core systems.

Designed for securities-based lending customers at Morgan Stanley Wealth Management, the feature applies use-of-proceeds rules in real time as clients access and spend the funds.

The launch reflects a narrower approach to banking technology projects, focusing on a specific customer journey rather than a broader overhaul of deposit and lending systems. Founded in 2023, Hyperlayer positions its software as a layer that sits over incumbent banking platforms and adds new functions without replacing them.

For Morgan Stanley Wealth Management, the change gives eligible clients another way to receive proceeds from securities-based loans. By enabling this within existing accounts, it may reduce the need for separate workflows or additional account arrangements.

Rob Rooney, Co-founder and Chief Executive Officer of Hyperlayer, described the project as a targeted product update.

"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," Rooney said.

He added: "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.

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