Synergy, the ecosystem integration network by AccessFintech, has launched Swaps Lifecycle Management, a new service that builds on the network’s established solutions for derivatives to enhance post-trade efficiency. As with other functions within Synergy’s suite, the service leverages AI-driven insights, a cloud-native infrastructure, and collaborative engagement to normalise data and resolve exceptions in real time.
Synergy currently has, on its single network, more than 250 buy-side, sell-side, asset servicers, and order management system (OMS) platforms across multiple asset classes, from securities and derivatives to alternatives. Functionalities in the Swaps Lifecycle Management service include portfolio lifecycle management, OTC derivatives cashflow management, and payment processing automation.
AccessFintech CEO Roy Saadon says, “The derivatives market has historic inefficiencies… As swaps and derivatives grow in scope and complexity, our clients are dedicating increasing resources to managing them. Synergy’s approach allows clients to redirect their focus toward value-adding activities, cutting down on repetitive manual processes and minimising email or phone outreach for issue resolution.”
