Saphyre nominated for the “Fintech of the Year” 2022 award by The Trade
HOBOKEN, NJ, 5 October 2022 /PRNewswire/ — Saphyre, a fintech company that uses patent-pending AI technology to solve pre-trade setup and post-trade problems, has been nominated by The Trade for its annual “Fintech of the Year” award.
The Trade will hold its awards ceremony in person at The Savoy i London on 3 November 2022honoring their “Leaders in Trading 2022”, where past winners went on to shape the face of trading and execution in both tangible and measurable ways.
Stephen RochePresident & Co-Founder, Saphyre shared, “We are extremely honored to have The Trade, one of the leading publications in the financial industry, consider us for such an award. Saphyre has revolutionized the speed of bringing ‘Ready-To-Trade’ for new and existing funds to front office merchants. In interest and credit cases, we can eliminate the typical 10-15 minute quote request delay due to our patented AI that automates compliance checks and risk, based on account onboarding and maintenance data. Becoming formal being nominated for this award is proof of the positive change we are bringing to the market area.”
Saphyre’s founder and CEO, Gabino Roche Jr. will also be at a Sibos FinTech round table at Hotel Okura i Amsterdam on 11 October 2022. He will be joined by several other top B2B fintech leaders to discuss the “survival of the fittest” journey, where now only the best of the best remain.
About Saphyre:
Saphyre leverages patented AI technology to digitize all pre-trade data and activities across multiple counterparties: from assets to investment managers, hedge funds to prime brokers, all client firms to brokers and managers and much more. Saphyre’s platform maintains the memory of data and documents, resulting in clients not having to search or resubmit information, and accelerates the flow in a digitally structured way so that it can be consumed and understood by any permitted counterparty in the financial industry. Not only does this allow businesses to assess risk faster, but they can speed up their onboarding processes, get real-time trade-ready statuses per account, and eliminate 70-75% of redundant or inefficient post-trade activities. Learn more at https://www.saphyre.com.
About the trade:
TRADE provides insights to traders at the world’s largest asset managers and investment banks and boasts an audience that includes buy-side traders, high-frequency traders, fund managers, sell-side brokers, FinTech innovators and regulators. Our content focuses on the day-to-day responsibilities of our reader, consisting of informed editorial on regulation, corporate innovation, group analysis and insights from industry players.
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SOURCE Saphyre
