Legal & General Investment Management Joins Saphyre

Saphyre, a fintech company using patent-approved AI technology to solve pre-trade setups and post-trade issues, announces that LGIM joins our network of financial institutions using the Saphyre platform.

Saphyre’s automated intelligence is capable of tracking compliance related activities, such as NAV terminations, contained within the respective ISDA and GMRA agreements thereby automating compliance checks for trading as a byproduct of legal agreement setups and amendments. These automated processes reduce risk and inefficiencies by eliminating manual tasks for both buy- and sell-sides, resulting in greater time efficiencies and cost savings.

Stephen Roche, President and Co-Founder at Saphyre shared, “It’s exciting to officially announce that LGIM is part of the Saphyre platform. We’ve been collaborating with them since the beginning, in fact, when Gabino and I started this company. LGIM’s clients and counterparties will benefit from the advantages that Saphyre’s platform offers.”