Saphyre AI platform extends to securities lending
27 October 2022 US
Image: your123/stock.adobe.com
Saphyre, a firm incorporating artificial intelligence (AI) to power pre- and post-trade activities, is working to transform securities lending through seamless integration and transparency.
The firms AI-driven interoperable onboarding platform aims to help lenders and borrowers to remove the bottlenecks created by legacy systems.
Through automating the onboarding process using Saphyres AI, institutions are able to reduce the potential for errors, increase the speed of transactions and provide greater transparency to its stakeholders, says Saphyre.
Saphyres chief operating officer Ray Shivers says: Saphyres capabilities, when applied to the securities lending business, will transform operational processes. The Saphyre platform de-risks the onboarding process and brings needed efficiency to the marketplace.
The firms AI-driven interoperable onboarding platform aims to help lenders and borrowers to remove the bottlenecks created by legacy systems.
Through automating the onboarding process using Saphyres AI, institutions are able to reduce the potential for errors, increase the speed of transactions and provide greater transparency to its stakeholders, says Saphyre.
Saphyres chief operating officer Ray Shivers says: Saphyres capabilities, when applied to the securities lending business, will transform operational processes. The Saphyre platform de-risks the onboarding process and brings needed efficiency to the marketplace.
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