Saphyre Wins AI Innovation Award from Global Custodian

Saphyre has been awarded the Innovation in AI Award by Global Custodian, as announced in a press release. This accolade highlights Saphyre's use of AI to streamline pre- and post-trade processes in the financial services sector.

The award acknowledges Saphyre's efforts in eliminating operational inefficiencies through AI applications in onboarding, KYC, post-trade exceptions, and SSI management. Their solutions are utilized by major financial institutions to enhance account and trade readiness, reduce risk, and facilitate near real-time trade settlements.

Saphyre's platform leverages patented AI technology to digitize pre-trade data and activities, allowing for faster risk assessment and onboarding processes. This innovation has been recognized for significantly reducing redundant post-trade activities, thereby improving efficiency across the financial services lifecycle.