Symphony blog

At Symphony, we are actively preparing for the quantum era – not as a theoretical exercise but as a necessity. Quantum computing will destabilize and may invalidate many foundations of business, including current encryption methods. It will also accelerate AI to unimaginable speeds. As a result, all professional fields are going to be forced to evolve, at scale.

The Digital Operational Resilience Act (DORA) is now in effect as of 17 January 2025. Broad in scope, this landmark legislation represents a major step in strengthening the cyber resilience of financial entities across the EU. Market participants, along with critical information and communications technology (ICT) providers, are subject to direct regulatory oversight and must comply with extensive technical, reporting, and governance requirements.

Attempted data breaches are becoming more sophisticated by the day. Both U.S. and European agencies are currently urging businesses to adopt encrypted messaging solutions to safeguard sensitive information. These recommendations are made in light of several high-profile data incidents that have compromised private communications, particularly within government and political circles.

FDC3 aims to simplify communication between different financial applications. Traditionally, traders juggle multiple displays, manually transferring data. FDC3 enables automatic context sharing between these applications, saving time and reducing errors. Common uses span from pre-trade to post-trade activities.

Symphony, a member of the open-source foundation FINOS, is deeply involved in developing FDC3 and promoting its use in global capital markets. Our focus is standardizing integration APIs, giving customers flexibility in choosing their Desktop Integration Platform provider while supporting FDC3.

The 2020s are an unprecedented decade of disruption and every market participant is either the disruptor…or the disrupted. Today, we stand at the precipice of artificial general intelligence and every well-run organization should be actively seeking to disrupt themselves right now. Symphony has been able to remain almost a decade ahead of disruption by understanding one simple truth—thriving through disruption. This demands three things from your technology: resiliency, stability and flexibility.