Last week we concluded the Symphony U: Fintech Challenge – a Symphony programming competition held for university students across the United States. The goal of this competition was to give an opportunity to the participants to leverage Symphony Bots to build financial workflows and address real use cases, get free access to the Symphony Bot Developer Certification program, and gain hands-on coding experience with the platform that powers Financial Services.
At the end of 2020, Symphony in collaboration with our partners launched the Symphony U: Fintech Challenge. Students were able to enroll via: https://goto.symphony.com/Symphony-U-Fintech-Challenge-overview.html , and had three months to go through the Symphony developer training program, become a Symphony Certified Bot Developer, build a bot and submit their source code plus a 10-minute demo video that outlines their proposed solution. Teams selected as finalists had the opportunity to digitally pitch their bot solution to a panel of industry experts within Symphony and across our existing partners and co-hosts. The winning team was given interview opportunities for internships at Symphony and other participating partners.
We’d like to thank our great external panel of judges who reviewed all entries and made a decision on the winning team:
Symphony would like to congratulate the winning team – students from Muhlenberg College – Derek Levine, Ethan Ruoff and Jonathan Maron, who developed the Portfolio Management Bot. This Symphony Bot provides portfolio managers a seamless solution to monitor portfolio performance and allocate trades across different portfolios under management.
Portfolio Managers need to seamlessly allocate block trades to different client stock accounts under management.
Business Pain Points:
The Team built a Symphony Bot that:
You can watch the BerGot short demo video here.
We aim to repeat the same event this fall in the EMEA region. Stay tuned.
In our journey building an event mesh, we face the challenge of reconciling with Symphony’s engineering history. Specifically, we are transitioning from a single-tenant, monolithic architecture to a multi-tenant, microservice architecture. And critically, due to the nature of our business, this shift must be both progressive and smooth.
At Symphony, streamlining complex financial workflows is a core part of our mission, and automation is one of our most powerful tools for achieving this objective. For years, our developers as well as users throughout our community have built bots on the Symphony platform that automate individual processes or segments of workflows. These have ranged from integrations with tools like Salesforce and ServiceNow to streamlining customized client onboarding processes.
The Buyside has undergone a massive evolution in the past few years. Indeed, a radical transformation has re-shaped all asset management firms – and the professionals who operate within them. As a result, the needs of the Buyside are quite different now than they were just 24 months ago.