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Saphyre Wins “Fintech of the Year” at Global Custodian’s Leaders in Custody Awards
Saphyre, a top fintech firm specializing in patent-approved AI technology for pre-trade setups and post-trade issue resolution, has been awarded the prestigious “Fintech of the Year” title at the Global Custodian’s Leaders in Custody awards ceremony. The event took place on May 3rd, 2023, at The Savoy in London. Global Custodian, an esteemed magazine focusing on international securities services, hosts the annual awards ceremony to celebrate outstanding achievements in various categories within the securities services sector.
Saphyre’s groundbreaking platform, which digitizes all pre-trade data and activities across multiple counterparties, was nominated for the “Fintech of the Year” award and ultimately captured the judges’ attention. Responding to the accolade, Stephen Roche, President & Co-Founder at Saphyre, expressed his excitement and gratitude, stating, “This award is a testament to the dedication and hard work of the entire Saphyre team in creating a platform that solves pre-trade and post-trade issues using AI technology.”
The innovative Saphyre platform stores data and documents, enabling clients to avoid searching or resubmitting information. It also streamlines the digital flow of information to be easily accessed and understood by authorized counterparties within the finance industry. As a result, firms can assess risk more quickly, expedite onboarding processes, receive real-time ready-to-trade statuses per account, and eliminate 70%-75% of inefficient or redundant post-trade activities.
The “Fintech of the Year” award from Global Custodian acknowledges Saphyre’s significant impact on enhancing technological operations in the asset servicing and custodian space, as well as the platform’s potential to revolutionize the finance industry. The recognition underscores Saphyre’s dedication to offering innovative solutions that address genuine challenges in the securities services sector.
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