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Average Ratings 0 Ratings
Description
Streamline and consolidate standard trade finance operations, encompassing documentation for both exports and imports, negotiation processes, quotations, and remittance handling. Ensure compliance with service level agreements and regulatory standards by utilizing checklists, effectively tracking credit documents, and establishing robust internal controls. Additionally, broaden the reach of trade finance services by catering to lower-volume branches, thus scaling operations. Facilitate multi-channel transaction initiation through a web portal, mobile devices, or in-person visits to branches. Automate the retrieval and entry of customer information from the core banking system to enhance efficiency. Restrict the checking of availability to identify and earmark limits, while providing transaction-specific limit utilization data. Ultimately, this approach will enhance liquidity by freeing up cash that would otherwise remain tied up in a complicated supply chain. As a result, businesses can operate more efficiently and respond more effectively to market demands.
Description
Saphyre is an innovative, patented infrastructure platform driven by AI that establishes a comprehensive system of record to align and standardize reference data, documents, and workflows among financial counterparties, facilitating quicker readiness for trading and achieving near real-time settlements. By streamlining the onboarding process and the ongoing maintenance of accounts, it accelerates the setup of trading accounts, manages legal agreements, resolves issues related to standard settlement instructions (SSI), handles trade exceptions and confirmations, and performs calculations for securities funding, all while utilizing consistent data and documents across various service providers to reduce redundancies, callbacks, and potential settlement issues. In addition to its core functionalities, the platform offers transparent, real-time visibility into trading readiness, identifies and resolves issues proactively, and automates the enrichment and distribution of updated SSIs. It also features a digital negotiation process for agreements that includes version control, in-line comments, and integration with e-signature workflows, ensuring that all parties remain aligned and informed throughout the trading process. Ultimately, Saphyre enhances operational efficiency and reliability in the financial trading landscape.
API Access
Has API
API Access
Has API
Integrations
Symphony
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Newgen Software
Founded
1992
Country
India
Website
newgensoft.com/solutions/industries/financial-institutions/trade-finance/
Vendor Details
Company Name
Saphyre
Founded
2017
Country
United States
Website
www.saphyre.com
Product Features
Product Features
Financial Services
Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management