Post-trade network Synergy has launched a new Swaps Lifecycle Management service allowing hedge funds, asset managers, prime brokers, and other market participants to enhance post-trade efficiency across the network.

Some major industry participants have already gone live with the solution.

Synergy by AccessFintech is a network powered by data and intelligence that aims to transform post-trade collaboration, uniting over 250 buy-side, sell-side, asset servicers, and OMS platforms. According to a press statement, Synergy "leverages AI-driven insights and a cloud-native infrastructure to normalise data, generate actionable insights, and resolve exceptions in real time through collaborative engagement".

The new Swaps Lifecycle Management service within Synergy's derivatives suite includes: portfolio lifecycle management; OTC derivatives cashflow management; and payment processing automation.