Partnership Enhances Operational Efficiency for Prime Service Businesses
AccessFintech, a network driven by data and intelligence, has partnered with Nuvo Prime, a leading provider of Prime Services SaaS solutions, to bring greater scalability to prime service businesses. The collaboration aims to transform trade lifecycle management and post-trade workflows, resulting in increased operational and capital efficiency for prime and securities market participants. By integrating Nuvo Prime's unified prime finance platform with the Synergy network, the partnership enables real-time data capture and transformation across various asset classes, including securities, derivatives, and alternatives.
Key Takeaways:
- The partnership between AccessFintech and Nuvo Prime aims to bring greater operational and capital efficiency to prime and securities market participants.
- The collaboration will integrate Nuvo Prime's unified prime finance platform with the Synergy network, enabling real-time data capture and transformation across various asset classes.
- The partnership will deliver an integrated solution for swap providers, connecting Nuvo Prime's platform with the Synergy network to streamline swaps lifecycle management.
- The resulting integrated service will help prime market participants to reduce risk and scale their business through improved post-trade processes.
- The partnership leverages Nuvo Prime's expertise in banking and technology, and AccessFintech's extensive data collaboration network to streamline financial services industry processes.
- The integrated solution will enable clients to reinvest resources in other areas and efficiently scale their prime business.
Statistics:
- Over 250 active members are connected to the Synergy network.
- Synergy supports a wide range of asset classes, including securities, derivatives, alternatives, and payments.
- The Synergy platform leverages AI-driven insights to improve operational efficiency and reduce manual intervention.
- The partnership aims to deliver an integrated solution for swap providers, connecting Nuvo Prime's platform with the Synergy network.
Sources:
- [PR Newswire, June 26, 2025, Partnership Delivers Streamlined Process, Enhancing Control and Task Automation for the Financial Services Industry](1)
- [AccessFintech, Synergy by AccessFintech](2)
- [Nuvo Prime, About Nuvo Prime](3)