ABRDN, a prominent financial investment management firm, has recently partnered with Saphyre, a leading fintech company known for its innovative and patented technology solutions. Saphyre’s platform offers automated intelligence for the onboarding and maintenance of trading relationships with brokers and custodians, as well as trading agreement management. This partnership will allow ABRDN to streamline its pre-trade and post-trade activities, ensuring data integrity throughout the lifecycle of its funds.
Saphyre’s platform leverages AI technology to digitize pre-trade data and activities across various counterparties in the finance industry, ranging from asset owners to broker-dealers and custodians. By providing a real-time golden source of data, Saphyre enables seamless collaboration between parties, reducing the risk of failed trades and expediting the onboarding process. This results in faster assessment of risk, real-time ready-to-trade statuses per account, and the elimination of redundant post-trade activities by up to 75%.
Stephen Roche, President & Co-Founder of Saphyre, expressed his enthusiasm for the partnership with ABRDN, highlighting the benefits of deploying Saphyre’s technology. With Saphyre’s platform, ABRDN will have the speed and efficiency required to navigate the complex world of trading relationships, ensuring a smooth and seamless experience for both the firm and its counterparts.
Saphyre’s dedication to innovation and technological advancement has earned the company industry recognition and awards. Their platform serves as a central hub for managing trading relationships and agreements, providing clients with a digital repository of data and documents that can be accessed by permissioned counterparties in the finance industry. This streamlined approach not only accelerates the onboarding process but also enhances risk assessment and operational efficiency for all parties involved.
The partnership between ABRDN and Saphyre marks a significant step towards modernizing and optimizing financial processes in the industry. By leveraging Saphyre’s patented platform, ABRDN is poised to enhance its trading relationships, streamline operations, and ensure data integrity throughout the investment lifecycle. This collaboration showcases the power of innovative fintech solutions in driving efficiency and transparency in the finance industry.
For more information about Saphyre and their cutting-edge technology solutions, visit their website and explore the possibilities of digitizing pre-trade activities and optimizing post-trade processes. Join the network of financial institutions benefiting from Saphyre’s automated intelligence and revolutionize the way you manage trading relationships and agreements in the digital age.
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