AccessFintech’s Synergy launches new solution 28 April 2025US Reporter: Clelia Frondaroli
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AccessFintech's data-driven network, Synergy, has launched Settlement Netting.
The solution, which was created in partnership with J.P. Morgan and Citi, aims to expand the Synergy platform through enhanced data transparency and access to transaction data.
The company says that Settlement Netting will also allow Synergy clients to net obligations across repos and cash transactions, increasing operational efficiency.
Tom Granelli, head of Netting Product, Synergy at AccessFintech, comments: "Settlement Netting is another example of our deployment of the transformative Synergy network, enabling the ecosystem to magnify their operational effectiveness and reduce unnecessary manual processes."
Jaime Healy-Waters, global head of cash equity middle office and EMEA cash securities settlements at Citi, adds: "We are pleased to bring this important collaboration solution to the repo market with AccessFintech. We remain intensely focused on creating solutions that enhance our clients' investment performance and success."
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