LSEG’s FXall taps Saphyre for settlement and onboarding efficiency
The integration aims to reduce settlement times, allowing clients to be trade and settlement ready within 24 hours.
The integration aims to reduce settlement times, allowing clients to be trade and settlement ready within 24 hours.
The platform aims to reduce risk and inefficiencies through removing manual tasks for both buy- and sell-sides.
Purple patch continues for Saphyre, with the FinTech onboarding a string of high profile clients in recent months.
Integration follows a Series A funding round for Saphyre that took place earlier this year and saw it raise $18.7 million from the likes of JP Morgan and BNP Paribas.
The new solution stemming from the two rising FinTech platforms makes it easier to identify and connect with other market participants on the network.
Custodian pilots new solution with BlackRock, digitising the custody account opening workflow through Saphyre’s technology.