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What is Settlement IQ?

FORUM is recognized as a leading provider of Alternative Dispute Resolution (ADR) services, specializing in arbitration, mediation, and online dispute resolution (ODR) through its cutting-edge platform, SettlementIQ. This fully online system is designed to improve the dispute resolution process by reducing administrative costs and maximizing the likelihood of settlements or payments. SettlementIQ features a variety of dispute resolution strategies, including blind bidding, direct online negotiations, and neutral assistance, all conducted within a secure digital environment. The platform facilitates smooth collaboration with arbitrators, mediators, or experts, customized to address the specific requirements of each individual dispute. Its benefits are especially notable in industries such as insurance, debt recovery, business-to-business dealings, and general ADR, providing a more efficient and cost-effective alternative to traditional dispute resolution approaches. Additionally, SettlementIQ's flexibility allows it to accommodate a broad spectrum of disputes, establishing it as a valuable resource in the realm of conflict resolution, which can lead to faster resolutions and improved satisfaction for all parties involved.

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.

Media

Media

Integrations Supported

Integrations Supported

Symphony

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

FORUM

Date Founded

1986

Company Location

United States

Company Website

www.adrforum.com/adr-services/online-dispute-resolution

Company Facts

Organization Name

Saphyre

Date Founded

2017

Company Location

United States

Company Website

www.saphyre.com

Categories and Features

Mediation

Not specified

Categories and Features

Customer Onboarding

Not specified

Financial Services

Not specified

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