Saphyre moves into securities lending

Saphyre, the fintech that provides an AI-driven pre-trade and post-trade platform, is moving into the securities lending space. The company’s interoperable onboarding platform aims to help lenders and borrowers to remove the bottlenecks created by legacy systems. Saphyre says that, by automating the onboarding process, institutions can reduce the potential for errors, increase the speed of transactions, and provide more transparency to stakeholders.

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