Company Research Report: Saphyre
Company Overview
Name
Saphyre
Mission
To create real-time, shared client account data management solutions through a revolutionary AI-powered platform, enabling seamless exchange of information in the finance industry.
Foundation
- Founded in: 2017
- Founder: Gabino Roche Jr.
Key People
- Gabino Roche Jr. - CEO & Founder
- Stephen Roche - President & Co-Founder
- Wolfgang Koester - Executive Vice Chairman
- Eli Ungar - Chief Financial Officer
- Ishaq Khwaja - Chief Product Officer
- Michael Brandi - Chief Information Officer
- Raymond Shivers III - Chief Operating Officer
- Kelly Downing - Director of User Experience
- Dean Shamsi - Architect / Principal Engineer
- Gerhard Kronsteiner - Director of Client Solutions
- Michael Patulo - Director of Client Success
- Max Lamb, CFA® - Head of EMEA
- Lisa Heeb - General Counsel
Headquarters
No information is available.
Number of Employees
No information is available.
Revenue
No information is available.
Recognition
- Innovation in T+1 Post-Trade Solutions 2024
- Best in RegTech 2024
- FinTech of the Year 2023
Core Competence
Saphyre is known for its AI-driven digital transformation, facilitating efficient post-trade processes by providing real-time settlement solutions.
Products
Primary Products and Solutions
- Broker Trading Account Management
- Asset Servicer Account Management
- Legal Agreement Management
- SSI Issue Resolution & Management
- Trade Exception & Confirmation Management
- Securities Funding Management
Product Features
- Automated Intelligence: Saphyre's platform is protected by over 100 patents, ensuring data integrity and enabling smooth exchange of information.
- Real-Time Insights & Workflow Management: Provides transparency and prevents delays.
- Industry Customization: Tailored workflows adaptable to trading instruments and legal agreements.
- Comprehensive Audit Logs and Compliance: Allows real-time auditing and compliance integrations.
- High Security Standards: Multi-Factor Authentication, data encryption, and extensive compliance integrations.
- Patented Data Mapping & Automated Enrichment: Enhances data accuracy and consistency.
Recent Developments
Recent Initiatives
- Saphyre launched "SaphyreX" in 2024 to aid clients in achieving real-time settlement aligned with new T+1 regulations.
- Introduction of a partnership with BlackRock's Aladdin Platform to deepen relationships.
New Partnerships
- Partnered with BlackRock's Aladdin Platform.
- Collaboration with LSEG's FXall to improve settlement times and onboarding efficiency, allowing clients to be trade and settlement ready within 24 hours.
- Saphyre's platform is now utilized by FXall for a streamlined onboarding process, providing full visibility into KYC progress and account setups.
Product Enhancements and Launches
- No specific new product launches or new features added to existing products have been detailed beyond the solutions related to real-time settlements and compliance enhancements.
Industry Impact
- Recognized for leading Wall Street's AI-driven digital transformation.
- Continuously enhancing security measures and platform capabilities in collaboration with clients.
- Named on the 2024 Fintech 100 list by CB Insights for industry innovation.
This report provides an analytical overview of Saphyre based on the available information, emphasizing its technological capabilities, strategic partnerships, and role in shaping the future of digital finance operations. Further financial details and company insights would require access to internal or proprietary data.
