Associated tags: AI, Memory, Maintenance, Cryptocurrency
Locations: NEW YORK, LONDON, UNITED STATES, NORTH AMERICA, CHICAGO, MIDDLE EAST, CANADA, ILLINOIS, EUROPE, WASHINGTON, NEW JERSEY
HOBOKEN, N.J., May 1, 2024 /PRNewswire/ -- Saphyre, Inc., a fintech company using patented technology to solve pre-trade activities and post-trade issues, today announced plans to collaborate with DTCC, the premier post-trade market infrastructure for the global financial services industry, to deliver a solution to support clients with U.S. T+1 settlement requirements. Saphyre plans to link Saphyre's Ready-To-Trade solution with data from DTCC's ALERT to increase transparency, efficiency, and straight-through processing across the institutional trading industry.
Key Points:
- Saphyre plans to link Saphyre's Ready-To-Trade solution with data from DTCC's ALERT to increase transparency, efficiency, and straight-through processing across the institutional trading industry.
- Ready-To-Trade subscribers will be able to query the status of critical standing settlement instructions (SSIs) reference data for all accounts, across all parties and across electronic systems directly from the Saphyre platform.
- Gabino Roche Jr., CEO & Founder at Saphyre said: "This collaboration between Saphyre and DTCC is another example of how Saphyre is leveraging pre-trade data to manage Ready-To-Trade capabilities for the front office while proactively streamlining post-trade settlement activities.
- "With the U.S.'s move to T+1 settlement fast approaching, we are pleased to collaborate with Saphyre to bring solutions to the global financial industry," said Bob Stewart, DTCC Executive Director of Institutional Trade Processing.
HOBOKEN, N.J., April 30, 2024 /PRNewswire/ -- Saphyre, an industry award winning fintech company using patent-approved technology to solve pre-trade activities and post-trade issues, announces that ABRDN joins its network of financial institutions using the Saphyre platform.
Key Points:
- ABRDN LEVERAGES SAPHYRE'S PATENTED PLATFORM FOR THE ONBOARDING AND MAINTENANCE OF ITS TRADING RELATIONSHIPS WITH BROKERS AND CUSTODIANS AS WELL FOR TRADING AGREEMENT MANAGEMENT.
- HOBOKEN, N.J., April 30, 2024 /PRNewswire/ -- Saphyre, an industry award winning fintech company using patent-approved technology to solve pre-trade activities and post-trade issues, announces that ABRDN joins its network of financial institutions using the Saphyre platform.
- Stephen Roche, President & Co-Founder of Saphyre shared, "We're ecstatic to have ABRDN, a leading financial investment management firm join our endeavor.
- By deploying our technology ABRDN will maintain data integrity through the lifecycle of a fund.
HOBOKEN, N.J., March 12, 2024 /PRNewswire/ -- Saphyre, a fintech company using patent-approved automated intelligence technology to solve pre-trade activities and post-trade issues, announces that Deutsche Bank joins its network of financial institutions using the Saphyre platform.
Key Points:
- DEUTSCHE BANK LEVERAGES SAPHYRE'S PATENTED PLATFORM FOR THE ONBOARDING AND MAINTENANCE OF ITS TRADING RELATIONSHIPS WITH INVESTMENT MANAGERS AND FOR TRADING AGREEMENT MANAGEMENT.
- HOBOKEN, N.J., March 12, 2024 /PRNewswire/ -- Saphyre, a fintech company using patent-approved automated intelligence technology to solve pre-trade activities and post-trade issues, announces that Deutsche Bank joins its network of financial institutions using the Saphyre platform.
- Stephen Roche, President & Co-Founder of Saphyre shared, "We are thrilled to have Deutsche Bank, one of the most prestigious financial firms in the industry, join the family of capital market firms on the platform.
- By having them as part of our network, not only will Deutsche Bank realize middle and back-office operational benefits, but our mutual buy-side clients will gain them as well.
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Tuesday, February 13, 2024
HOBOKEN, N.J., Feb. 13, 2024 /PRNewswire/ -- To accelerate the setup of funds and reduce settlement times, the London Stock Exchange Group's (LSEG) FXall business will leverage Saphyre's patent-approved technology to expedite their clients' readiness to trade and reduce delays related to post-trade processes.
Key Points:
- FXALL'S INVESTMENT MANAGERS, AND ASSET OWNERS SETTING UP NEW FUNDS ON FXALL, WILL LEVERAGE SAPHYRE'S PATENTED TECHNOLOGY TO BE TRADE AND SETTLEMENT READY WITHIN 24 HOURS.
- Banks will benefit from using Saphyre's API to consume account onboarding information and approve those accounts systematically in FXall, setting them up to be ready to trade in as little as 24 hours.
- In addition, FX liquidity providers can complete their KYC for these accounts in order to trade FX, Equities and Fixed Income – a triple benefit towards getting accounts to be trade and settlement ready within 24 hours.
- We're very excited about our partnership with Saphyre as we roll out this new solution to our clients."
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Thursday, November 9, 2023
HOBOKEN, N.J., Nov. 9, 2023 /PRNewswire/ -- Saphyre, Inc. , a leading pre- and post-trade platform for some of the world's largest financial institutions, has been named Fintech of the Year by The TRADE.
Key Points:
- HOBOKEN, N.J., Nov. 9, 2023 /PRNewswire/ -- Saphyre, Inc. , a leading pre- and post-trade platform for some of the world's largest financial institutions, has been named Fintech of the Year by The TRADE.
- The TRADE is a preeminent news publication for institutional asset managers and investment banks with an audience that includes the world's leading buy-side dealers, fund managers and traders.
- "We are grateful to receive this distinct honor from The TRADE," said Saphyre CEO Gabino Roche.
- "This is a critically important time for financial institutions as we near the transition to T+1 trade settlements.
HOBOKEN, N.J., June 29, 2023 /PRNewswire/ -- Saphyre, a leading pre- and post-trade fintech platform for some of the world's largest financial institutions, has announced a limited engagement initiative to pilot Saphyre's T+1 solution for financial institutions, code named "Project Zero".
Key Points:
- HOBOKEN, N.J., June 29, 2023 /PRNewswire/ -- Saphyre, a leading pre- and post-trade fintech platform for some of the world's largest financial institutions, has announced a limited engagement initiative to pilot Saphyre's T+1 solution for financial institutions, code named "Project Zero".
- An example of this is real-time SSI resolution for mismatches and the elimination of callbacks," said Saphyre CEO and Founder, Gabino Roche.
- Saphyre has 105 globally-recognized patents that remember a data point entered and a document shared in perpetuity.
- "When firms adopt Saphyre for their account setups and maintenance, executed trades are processed swiftly in post-trade," states Saphyre President and Co-Founder Stephen Roche.
HOBOKEN, N.J., June 20, 2023 /PRNewswire/ -- A recent report released by Gartner around the "Top 10 Technology Trends for Investment Management CIOs in 2023" had a sub-section that focused "Hyperautomation Triggered by T+1" category. It is within this category that Gartner analysts mentioned Saphyre.
Key Points:
- HOBOKEN, N.J., June 20, 2023 /PRNewswire/ -- A recent report released by Gartner around the "Top 10 Technology Trends for Investment Management CIOs in 2023" had a sub-section that focused "Hyperautomation Triggered by T+1" category.
- It is within this category that Gartner analysts mentioned Saphyre.
- To read more about Saphyre and Hyperautomation, plus how we're addressing T+1 through Project Zero, you can click the link here - https://www.saphyre.com/ProjectZero .
- "To us, it's an honor to see Gartner citing Saphyre as one of the examples under Hyperautomation Triggered by T+1 category," said Stephen Roche, President and Co-Founder of Saphyre.
Fintech,
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BNY Mellon,
The Wall Street Journal,
BlackRock,
Economist,
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Financial Times,
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CNBC,
BNP Paribas,
Bloomberg,
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Cryptocurrency HOBOKEN, N.J., May 23, 2023 /PRNewswire/ -- Saphyre, a leading pre- and post-trade fintech platform for the world's largest financial institutions, has announced that FinTech AI CEO, Wolfgang Koester, has joined its board of directors.
Key Points:
- HOBOKEN, N.J., May 23, 2023 /PRNewswire/ -- Saphyre, a leading pre- and post-trade fintech platform for the world's largest financial institutions, has announced that FinTech AI CEO, Wolfgang Koester, has joined its board of directors.
- Koester was the former Chief Evangelist & Global Head of Financial Institutions at Kyriba, and prior to that, CEO and co-founder of FiREapps.
- "It is a privilege and honor to welcome Wolfgang to the Saphyre board," said CEO & Founder of Saphyre, Gabino Roche.
- I am excited and motivated to support the company to continue its trajectory towards becoming a unicorn," stated Koester.
Global Custodian is the leading magazine covering the international securities services business.
Key Points:
- Global Custodian is the leading magazine covering the international securities services business.
- Its annual awards ceremony honors achievements in certain categories in the securities services industry and recognizes the best performers in such categories.
- Commenting on the win, Stephen Roche, President & Co-Founder at Saphyre, said, "We are thrilled to be named Fintech of the Year by Global Custodian.
- We are honored to be recognized alongside other established fintech companies and leaders in the finance industry."
HOBOKEN, N.J., April 27, 2023 /PRNewswire/ -- Saphyre co-founder and CEO Gabino Roche, Jr. has been nominated Industry Person of the Year at the 2023 Global Custodian Awards.
Key Points:
- HOBOKEN, N.J., April 27, 2023 /PRNewswire/ -- Saphyre co-founder and CEO Gabino Roche, Jr. has been nominated Industry Person of the Year at the 2023 Global Custodian Awards.
- The winner of the award will be announced on the night of Global Custodian's annual awards dinner on May 3 in London.
- Global Custodian's Industry Leaders Awards program recognizes the achievements of financial executives in a diverse range of categories across hedge funds, mutual funds, prime brokers and private equity.
- Gabino Roche, Jr. co-founded Saphyre with his twin brother and Saphyre president, Stephen, in 2017 as an AI platform that revolutionizes the pre- and post-trade process for financial institutions.
