SAPHYRE
: Disrupting the fintech trade game with AI tech
“ In finance , some of the culture that happens is a bunch of sticks – everyone has to follow these rules because you ’ ve got to make sure things don ' t break , and so people don ' t question the status quo and that ' s why the innovation doesn ' t happen ,” says Gabino .
“ I believe , and there ' s several in the finance world who are with us , that we partner with , when you can challenge the status quo and think outside of the box then you can actually deploy the technology quickly . That ' s where you change the game . That ' s where you change the industry .”
“ People don ' t question the status quo and that ' s why the innovation doesn ' t happen ”
GABINO ROCHE CEO , SAPHYRE
With disruption at its heart , Saphyre is certainly trying to change the industry for the better , but what exactly are they hoping to achieve , and what do these current series of announcements have to do with their so-called ‘ endeavor ’?
Stephen explains using the analogy of the Windows operating system of finance , that connective tissue that links all of the industry ’ s “ one-trick ponies ”. He uses another analogy of cars – one of Stephen ’ s passions outside of work .
“ People are making different components of transportation like a vehicle , right ?” he says .
“ They ' re trying to build a car , but they don ' t know what it is yet , so one company will make the wheels . Another company will make the transmission . Another company will handle the seats . But Saphyre is coming in and saying guys – we really need to bring some intelligence and power in here . We ' re kind of the chassis and the combustion engine and then here ' s a car , but people can ' t envision
32 June 2022