SAPHYRE
“ The firms that use the right automated technology are going to be able to trade more often ,” says Stephen . “ You can make more trades on the same day and boost profits too .
“ These firms will have a competitive advantage over their peers . The ones that don ’ t gravitate to intelligent tools are going to be left behind , never mind having all those associated costs of not using compliant digital authentication tools .”
Saphyre : Interoperable solutions Indeed , one of the great values of Saphyre is having interoperable solutions . For Stephen , this is one of the core values on which the business was established .
“ With a philosophy of interoperability , this means we ’ re a platform that aims to integrate with any of the existing tools our clients have . We ’ re a third-party solution but we are flexible and can fit into what a financial organisation has in their existing infrastructure .
“ For many financial organisations , as you see in fintech , they can either develop the tools , which is costly , or call on a third-party network of fintech payers – they need to focus on their expertise , which is finance .
Stephen concludes : “ At Saphyre , we are the ones that have the technology expertise and can change the working environment for real-time trade settlement for these organisations . That ’ s what we ’ ve been doing and it ’ s what we will continue to do .” fintechmagazine . com 83