HOBOKEN,
N.J., May 14, 2024 /PRNewswire/ -- Saphyre Inc.,
the leading pre- and post-trade platform for the world's largest
financial institutions, won the Best in RegTech Award at the 2024
Markets Choice Awards hosted by Markets Media.
"We are honored to receive this recognition from Markets Media,"
said Saphyre CEO Gabino Roche. "We
are facing a pivotal moment in RegTech as we near the deadline for
T+1 compliance. Saphyre is privileged to be working with so many
important institutions to support them in meeting that goal."
The recognition was announced at the Markets Choice Awards
ceremony held this week in New York
City. The Best in RegTech award honors companies who provide
cutting-edge innovation in compliance technology that has been
adopted by major financial institutions.
The award comes on the heels of Saphyre hosting its T-Zero
Premiere event earlier this month at the Nasdaq MarketSite in
New York City where the company
discussed pre- and post-trade, T+1 trade settlements and the future
of fintech.
Learn more about Saphyre at: www.saphyre.com
About Saphyre
Saphyre leverages patented AI technology
to digitize all pre-trade data and activities across multiple
counterparties: from asset owners to investment managers, hedge
funds to prime brokers, any client firms to broker-dealers and
custodians, and much more. Saphyre's platform maintains memory of
data and documents, resulting in clients not having to search or
resubmit information, and expedites flow in a digitally 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 but they can speed their
onboarding processes, get real-time ready-to-trade statuses per
account, and eliminate 70%-75% of redundant or inefficient
post-trade activities. Learn more at: https://www.saphyre.com/.
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SOURCE Saphyre