AccessFintech’s Synergy Network is a dynamic, cloud-based data collaboration platform designed for financial institutions. It connects buy-side, sell-side, custodians, and service providers to optimize capital, reduce operational risk, and accelerate workflows across securities, derivatives, and alternative asset classes.
Vendor
AccessFintech
Company Website
Synergy
AccessFintech’s Synergy Network is a dynamic, cloud-based data collaboration platform designed for financial institutions. It connects buy-side, sell-side, custodians, and service providers to optimize capital, reduce operational risk, and accelerate workflows across securities, derivatives, and alternative asset classes. Built on an API-first architecture, Synergy enables real-time visibility, AI-driven insights, and seamless interoperability.
Features
- Extensive network with over 250 live members across the financial ecosystem.
- Coverage of multiple asset classes: securities, derivatives, alternatives, loans.
- API-first architecture with microservices for scalability and flexibility.
- Real-time transaction status visibility across all participants.
- AI-driven insights for exception resolution and predictive analytics.
- Secure cloud-based infrastructure ensuring data integrity and compliance.
- Modular product suite including Settlements Management, Inventory Management, Claims Management, Securities Lending, OTC Derivatives, and Loan Lifecycle Management.
- Workflow collaboration tools to reduce email traffic and manual intervention.
Capabilities
- Facilitate seamless data exchange and transformation between market participants.
- Provide one combined status view for transactions across buy-side, sell-side, and custodians.
- Enable proactive management through AI-powered contextual insights.
- Allow direct actions on transactions (e.g., task assignment, amendments) within the platform.
- Support settlement netting and fail compression to optimize capital usage.
- Deliver advanced analytics for benchmarking and operational efficiency.
- Scale globally with multi-market and multi-asset support.
Benefits
- Reduces settlement failures and operational risk through real-time visibility.
- Improves efficiency by automating workflows and reducing manual processes.
- Enhances collaboration across the financial ecosystem, minimizing email traffic.
- Accelerates time-to-market with seamless integration and no major tech changes.
- Optimizes capital and liquidity through fail compression and inventory management.
- Provides transparency and control across the entire transaction lifecycle.
- Scales for small firms to large global institutions with flexible architecture.