The startup offers a data and insights network platform that enables real-time data collaboration and workflow optimization among financial institutions. By enhancing data transparency and interoperability, the platform helps banks and brokers lower operational costs and improve decision-making efficiency.
Funding
$116.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions often face challenges in achieving real-time data collaboration and workflow optimization due to data silos and a lack of interoperability between systems. This can lead to increased operational costs, inefficiencies in decision-making, and difficulties in managing complex transactions across various asset classes.
Solution
AccessFintech's Synergy platform addresses these challenges by providing a network-driven data and intelligence layer that transforms post-trade collaboration. The platform connects buy-side, sell-side, asset servicers, and OMS platforms, enabling seamless data transformation and interoperability. By leveraging AI-driven insights and a cloud-native architecture, Synergy normalizes data, generates actionable insights, and facilitates real-time exception resolution through collaborative engagement. This allows financial institutions to streamline processes, reduce transaction failures, and improve operational efficiency across securities, derivatives, and alternative investments.
Target Audience
The primary target audience includes buy-side and sell-side financial institutions, asset servicers, and outsourced middle offices seeking to optimize post-trade processes, reduce operational costs, and improve data transparency.
Features
- Extensive network connecting buy-side, sell-side, asset servicers, and OMS platforms with over 250 live members
- Supports a broad spectrum of asset classes, including securities, derivatives, alternatives, and payments
- AI-driven insights to resolve exceptions faster and boost operational efficiency
- API-first approach for scalability and flexibility, built on a modern cloud-based architecture with microservices
- Real-time trade status from T+0 and pre-matching exception insights
- Settlement Netting with vendor gateway, Repo and TBA pairoffs, Bilateral netting, API dispatch, and CCP connect
- Claims Management for Dividends, Interest, Overdraft, CSDR, TMPG, and Manufactured income
- Portfolio Swap Lifecycle Management with trade and events pairing and event status for payment automation
- Loans Lifecycle Management with data matching, workflow, collaboration, and credit agreement enrichment