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What is Saphyre?

Saphyre represents a groundbreaking, patented infrastructure platform powered by AI that creates a holistic system of record designed to unify and standardize reference data, documents, and workflows among financial counterparties, thereby enabling rapid trading readiness and achieving near real-time settlement capabilities. By optimizing the onboarding process and the continuous upkeep of accounts, Saphyre significantly expedites the establishment of trading accounts, oversees legal agreements, addresses standard settlement instruction (SSI) challenges, manages trade exceptions and confirmations, and executes calculations for securities funding, all while ensuring the use of consistent data and documentation across diverse service providers to minimize redundancies, callbacks, and potential settlement complications. In addition to its primary features, the platform provides clear, real-time insights into trading preparedness, anticipates and rectifies issues proactively, and automates the enhancement and dissemination of updated SSIs. Moreover, it incorporates a digital negotiation mechanism for agreements that includes version control, inline commenting, and integration with electronic signature workflows, ensuring continuous alignment and communication among all parties throughout the trading process. With its robust capabilities, Saphyre not only streamlines operations but also significantly boosts the efficiency and dependability of activities within the financial trading sector, ultimately contributing to a more responsive and agile trading environment.

What is Cybersettle?

Cybersettle is a cutting-edge and secure platform that utilizes artificial intelligence to optimize and simplify financial negotiations and settlements across various industries, including insurance, healthcare, real estate, and legal services. Its distinctive double-blind bidding system allows users to submit confidential offers and requests without revealing their respective positions, thereby maintaining privacy and building trust among participants. By harnessing AI technology, the platform accelerates the negotiation process, aiming to facilitate faster resolutions while reducing costs for all involved parties. Accessible on both web and mobile devices, Cybersettle boasts an intuitive interface that not only encourages quicker settlements but also lowers operational expenses for users. Since its inception, the platform has adeptly handled over 200,000 claims, resulting in settlements totaling approximately $1.6 billion, which underscores its effectiveness in resolving disputes efficiently. Furthermore, Cybersettle is committed to continuous improvement, actively incorporating user feedback to enhance its features and overall user experience while adapting to the evolving needs of its clientele. This dedication to growth ensures that Cybersettle remains at the forefront of innovation in the negotiation landscape.

Media

Media

Integrations Supported

Symphony

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Saphyre

Date Founded

2017

Company Location

United States

Company Website

www.saphyre.com

Company Facts

Organization Name

Cybersettle

Company Location

United States

Company Website

www.cybersettle.com

Categories and Features

Customer Onboarding

Not specified

Financial Services

Not specified

Categories and Features

Mediation

Not specified

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