AccessFintech Company Research Report
Company Overview
Name
AccessFintech
Mission of the Company
Providing real-time insights and driving efficiencies for Financial Markets through data collaboration.
Founded
No information is available
Founders
No information is available
Key People in the Company
- Roy Saadon: CEO, Co-founder
- Steve Fazio: CPO, Co-founder
- Rami Kachlon: EVP Engineering
- Chris Bujakowski: Chief Financial Officer
- Damian Canning: EVP Global Industry Relations
- Christopher Daur: EVP Head of Sales
- Naveen TV: EVP Head of Product
Headquarters
No information is available
Number of Employees
No information is available
Revenue
No information is available
Known For
AccessFintech is known for providing real-time data insights and collaboration across financial markets, helping organizations optimize operations, reduce risks, and increase efficiency through its Synergy platform.
Products
Synergy Network
High-level Description
A collaborative platform that enables optimization of workflow through data insights and shared technology access. It connects financial institutions by allowing faster resolution, fails management, settlement compression, inventory management, and reduced settlement cycles.
Key Features
- Data Collaboration: Enhances transparency and benchmarking in a secure environment.
- Workflow Optimization: Speeds and simplifies transactions with self-service solutions.
- Technology Distribution: Reduces technology Total Cost of Ownership (TCO).
Swaps Solution
Description
Provides real-time synchronization of swap trades and events on equity positions, financing, unwinds, dividends, and cashflows.
Key Features
- Real-time data normalization
- Daily event publication for repair
- Smooth cash flow exchanges
- Error identification before cash flow payments
Pre-matching and Settlements
Description
Streamlines trade management exception workflows, reducing reliance on email and manual processes.
Key Features
- Real-time exception pairing
- API-based instruction automation
- Comprehensive lifecycle support
Loan Data Management
Description
Improves transparency and collaboration in the syndicated loans market.
Key Features
- Data aggregation and normalization
- Self-service tools for lenders
- Reduced email traffic
- Streamlined processes
Standard Settlement Instructions (SSI's)
Description
Global transactional data management to prevent settlement fails due to incorrect instructions.
Key Features
- Real-time transaction repairs
- Repository collaboration
- Enhanced ops efficiency
Dispute Claims Management
Description
Automates claims management processes through a single user interface with a time-stamped audit history.
Key Features
- Reduced manual investigation
- Faster dispute resolution
T+1 Settlement
Description
Supports automated investigation and fail prediction to comply with the T+1 settlement cycle.
Key Features
- Real-time data collaboration
- Enhanced processing efficiency
- Reduced manual effort
CSDR & Penalty Management
Description
Addresses the requirements of the CSDR regulation, enforcing settlement discipline.
Key Features
- Full lifecycle management
- Eligibility determination
- Penalty calculation and management
Cash Payment Matching
Description
Facilitates proactive and automated cash payment matching processes.
Key Features
- Data aggregation and normalization
- Systemic payment matching
- Real-time exception handling
Clearing Securities
Description
Facilitates bilateral settlements to be novated to Central Clearing Parties (CCP).
Key Features
- Reduced fails and regulatory penalties
- Increased operational efficiency
- Reduced counterparty risk
Repo Pair-offs
Description
Supports data aggregation and collaboration for repo pair-offs.
Key Features
- Netting of instructions for repos
- Increased settlement efficiency
Repo Confirmation Gateway
Description
Provides access to multiple repo confirmation vendors, reducing onboarding and build costs.
Key Features
- Streamlined confirmation processes
- Normalized data aggregation
Inventory Stock Record
Description
Consolidates inventory information across the organization, reducing email traffic and manual checks.
Key Features
- Single source for inventory data
- Reduced processing time
- Risk management
Recent Developments
New Product Launches
- AccessFintech Loan Data Management Solution Update: Enhanced transparency and collaboration for syndicated loans.
- Synergy T+1 Settlement Solution: Preparation for T+1 settlement regulations with automated data collaboration and real-time pre-matching.
New Features Added to Existing Products
- Standard Settlement Instructions (SSI's): Real-time transaction repairs to prevent fails.
- Dispute Claims Management: Enhanced automation and speed for dispute resolution.
New Partnerships
- Tesselate Group: Partnership to enhance loan data management and operations.
- BNY Mellon: Collaboration to address foreign exchange workflow challenges ahead of T+1 settlement regulations.
- Nammu21: Joint technology webinars and collaboration on loans solutions.
By focusing on real-time data insights, operational efficiency, and extensive partnerships, AccessFintech continues to drive transformation across financial markets globally.
