HedgeServ, the U.S.-based fund administrator with USD450bn AuA, has partnered with Israel-based AccessFintech, the fintech company behind Synergy, the data and workflow collaboration network. HedgeServ will use real-time settlement data to deliver further efficiencies in preventing and resolving settlement fails. The solution combines HedgeServ’s middle and back-office platforms and data with Synergy’s cloud-based data collaboration and standardised operations workflow model to help buy-side clients achieve transformational efficiencies, reduce operational risk and technology costs, and expedite resolution of settlement fails.
