Enter data and documents once and Saphyre’s patented AI will expedite information exchange to help you achieve revenue faster and automate future processes
Explore Our Key Features
Saphyre is a FinTech startup that exclusively leverages Global Patent-Approved AI technology to structure all pre-trade data and documents. This information is organized from multilateral private counterparties: from when a corporate/pension/trust is engaged and is the ultimate beneficial owner, to asset managers/hedge funds launching a new fund, to brokers and custodians setting up accounts.
Saphyre’s platform not only maintains memory of the data and documents, which allows for clients not having to search or resubmit this information, it expedites the flow in a structured manner so that it can be consumed and understood by any permissioned counterparty in the finance industry. This allows firms not only to assess risk faster and clearly, but they can speed their onboarding processes, and even eliminate redundant or inefficient processes in the booking, confirmation, and settlement space.
Global Head of Custody
Time is a finite and precious commodity. BNY Mellon’s work with Saphyre aims to create true savings for our custody clients and truly expedite the client onboarding process. What once took days or weeks, is now near real time. This is yet another example of the digitization efforts BNY Mellon has undertaken in the past two years with a direct client benefit,” said Caroline Butler, Global Head of Custody at BNY Mellon.
With Saphyre, we’re reducing hours of work down to minutes and ensuring our funds are ready to trade more quickly all on a single platform. With powerful workflow features and enhanced visibility into the account opening lifecycle, Saphyre has enabled BlackRock to eliminate manual processes to support the account opening workflow across custodians and broker-dealers.”
Saphyre has been instrumental in transforming the account opening experience for our clients. J.P. Morgan was an early adopter of Saphyre and is now live in production after successfully testing its value proposition for over 6 months. Saphyre’s cutting-edge technology coupled with J.P. Morgan’s industry leading operating model and workflow tools allows us to continue to drive industry change that positions ourselves and our clients for the future.”
Bulk Transfer of Legacy Data & Documents
Interoperability is one of Saphyre’s key design principles. You own your data & documents, not your vendor/platform. Port your documents to/from any platform using Saphyre. Escape vendor traps of holding your data hostage.
Negotiate & Amend Legal Agreements
Saphyre’s exclusive patented AI allows you to automatically find your draft/finalized agreements and even amend them in bulk across multiple counterparties, like adding new client entities to umbrella agreements. You’ll even get consistent reporting and compliance monitoring on the content and data points within those agreements, even if you use third-party apps – as Saphyre is already interoperable!
Automate Data & Document Collection – KYC Refresh
Automate all data and document collection, especially for KYC Renewal cycles, using exclusive patented AI technology that only Saphyre can provide!
Speed Your Client Onboardings Using Patented AI
Speed your client onboardings using exclusive AI technology that only Saphyre can provide!