Legal Agreement Management
AI-driven, agreement agnostic, fully digital legal agreement negotiation and amendment workflow tool.
Intelligent, frictionless agreement management to dramatically improve negotiation turnaround times
Saphyre utilizes patented AI and automated workflow capabilities to help streamline legal agreement negotiations and amendments across all your clients / counterparties. With the click of a button, amend or clone terms across multiple counterparties and multiple funds. With Saphyre, dramatically improve agreement turnaround times, get ready-to-trade more quickly, and efficiently manage the lifecycle of each legal agreement.
Product Details
Pre-populated Fund & Entity Data
Save time and expedite agreement creation by leveraging ‘remembered’ entity and fund data
In-context Redlining & Commenting
Collaborate and redline agreements within the context of the request with embedded word processing functionality. Share private comments with internal teams and public comments with external teams
Version Control
Securely collaborate on a ‘Golden Copy’ of each Legal Agreement
Electronic Signatures
Add signatories, set an order to complete, sign agreements via DocuSign (or download for wet signature) and track completion with both internal and external parties
Clone Terms & Amend in Bulk
Make updates across multiple counterparties for multiple funds
Seamlessly Integrated with Fund Onboarding
Add new accounts to existing digital master agreements when a new account is opened via Saphyre1
Pre-fill Adherence Documents in Bulk
Leverage pre-filled templates for protocols and elections to easily adhere to regulations across counterparties
Manage Regulatory Protocols
View and accept protocols sent by your counterparties
All Saphyre solutions are built on our patented, AI-powered platform which includes:
- Data Normalization
- Automated Data Enrichment
- Cloud Document Management
- Strict Permissioning
- In-Context Messaging
- Standard & Custom Questionnaires
- Automated Task Lists
- Maker/Checker Verification
- Comprehensive Audit Log
- Reporting, Metrics, & Analytics
Problem Space
Versioning issues
issues between counterparties cause delayed turnaround times during negotiations
Constant reconciliation
due to difficulty managing validity by entity or when changes to terms have been made
Issues cause trade delays
resulting in the inability to trade or settle in a timely manner
Difficult to manage
a library of standard terms and agreed upon deviations
Key Benefits
Save time
Reduce document reconciliation between trading partners and other bottlenecks created from legacy systems and manual processes. Dramatically improve document turnaround between parties
Reduce errors
Ensure everyone has the latest changes/version of agreements
Easily adhere to protocols
All relevant protocols and elections included
Full status visibility
Know exactly when legal agreements are complete and each fund is ready to trade
Efficient issue resolution
Issues that occur are revealed in real-time via the Ready-to-Trade dashboard, allowing action to be taken quickly
