Synergy by AccessFintech, the network driven by data and intelligence, announced a partnership with Nuvo Prime, a leading provider of Prime Services SaaS solutions for large and medium-sized financial institutions globally. The collaboration aims to bring greater operational and capital efficiency to prime and securities market participants by transforming trade lifecycle management and post-trade workflows.

Synergy enables real-time data capture and transformation across a wide range of asset classes, including securities, derivatives and alternatives. With an API-first design, AI-driven insights and seamless interoperability, Synergy offers financial institutions the flexibility and scale needed to modernize their infrastructure and workflows.

Through this partnership, Synergy and Nuvo Prime will deliver an integrated solution for swap providers, connecting Nuvo Prime's unified prime finance platform – which supports both equity swaps and cash trading workflows – with the Synergy network. The result is a more efficient and scalable prime solution, underpinned by automated processes and real-time alignment of accruals and cash flows.

By introducing a daily alignment of accruals and cash flows, this collaboration provides a scalable prime solution that solves for the complexities of equity swaps trading. Built on cloud-native technology and driven by both organizations' deep industry expertise, the partnership leverages Nuvo Prime's platform and Synergy's extensive data collaboration network to streamline swaps lifecycle management, enabling clients to reinvest resources in other areas and more efficiently scale their prime business.