Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
At the heart of our comprehensive, safe, and budget-friendly solution lies the capability to minimize risk and gain enhanced oversight of the Standing Settlement Instruction (SSI) process. In response to the current market's settlement failure rates, SSImple significantly improves the communication and processing of SSIs. By facilitating early SSI matching across various asset classes such as equities, fixed income, cash, and FX, our platform effectively reduces potential disputes, as every action is supported by immutable records. Additionally, users can enjoy a high level of visibility with an overview of SSI communications at each phase of the process. As trading entities within both EU and non-EU jurisdictions navigate the complexities of ownership records, it is crucial for market participants to prepare for the upcoming Settlement Regime by strengthening their settlement processes. This proactive approach ensures that they remain compliant and competitive in an evolving market landscape.
Description
Saphyre is an innovative, patented infrastructure platform driven by AI that establishes a comprehensive system of record to align and standardize reference data, documents, and workflows among financial counterparties, facilitating quicker readiness for trading and achieving near real-time settlements. By streamlining the onboarding process and the ongoing maintenance of accounts, it accelerates the setup of trading accounts, manages legal agreements, resolves issues related to standard settlement instructions (SSI), handles trade exceptions and confirmations, and performs calculations for securities funding, all while utilizing consistent data and documents across various service providers to reduce redundancies, callbacks, and potential settlement issues. In addition to its core functionalities, the platform offers transparent, real-time visibility into trading readiness, identifies and resolves issues proactively, and automates the enrichment and distribution of updated SSIs. It also features a digital negotiation process for agreements that includes version control, in-line comments, and integration with e-signature workflows, ensuring that all parties remain aligned and informed throughout the trading process. Ultimately, Saphyre enhances operational efficiency and reliability in the financial trading landscape.
API Access
Has API
No
API Access
Has API
No
Integrations
Symphony
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
SSImple
Founded
2022
Country
United Kingdom
Website
ssimple.io
Vendor Details
Company Name
Saphyre
Founded
2017
Country
United States
Website
www.saphyre.com
Product Features
Financial Services
Analytics
No
Branch Optimization
No
Channel Management
No
Compliance Management
No
Customer Engagement
No
Performance Management
No
Risk Management
No
Product Features
Financial Services
Analytics
No
Branch Optimization
No
Channel Management
No
Compliance Management
No
Customer Engagement
No
Performance Management
No
Risk Management
No