Access Fintech

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Access Fintech
Founded 2016
Headquarters London
Key People Roy Saadon
Employees 15
Products Risk Management software

Access Fintech is a risk management service for banks, brokers and buyside firms launched in 2016 by Roy Saadon. The service is intended to help firms track the trade lifecycle and get a true sense of prioritized risk across an increasing number of systems.[1]

The Access Fintech visual dashboard aggregates vendors and allows customers to manage risk and exceptions. The company launched its product in beta in the first quarter of 2017.[2]

Background

The idea for the firm came from the increased number of risk management systems firms have added after the 2008 financial crisis. New regulations and more attention toward various risks in a firm created risk management systems on everything from order entry to middle office, compliance, regulation and back office operations. Saadon reasoned that if you could pull all of those monitoring systems together in a platform that does not interfere with any of them, firms could have a simple and holistic view of the many risks and problems that exist for firms.

In April 2018, the firm announced an investment from JPMorgan Chase. AccessFintech also joined JPMorgan's "In-Residence" program, which assists emerging fintech firms and allows them to test technologies at scale at the bank.[3]

Products and Services

Key People

Roy Saadon, co-founder

Steve Fazio, co-founder

References

  1. On Your Radar: Roy Saadon's Firm Aims To Provide A View On Risks Across The Board. John Lothian News.
  2. Former Traiana Founder Roy Saadon Launches Access Fintech. press release via Mondovisione.
  3. J.P. Morgan Invests In AccessFintech, Commencing Series A Funding. Press Release.