Celebrating 10 Years of Symphony: Leading the Way in Fintech
Symphony turns 10! Discover how we’re transforming the financial industry through trust, passion, and cutting-edge technology.
Symphony 2.0 is all about the user experience (UX). To keep UX front and center as we developed the new version of Symphony, we established a set of guiding principles:
• Keep the user in control
• Ruthlessly simplify function and design
• Build a consistent and intuitive interface
• Employ modular design and modular tech
• Deliver speed and efficiency
• Consistency across platforms
Each of these principles contributed to the development process and helped shape the new features and design updates you see in Symphony 2.0. In particular, the product team focused on the principle of ruthless simplification as an essential component of building a better Symphony experience. We knew, based on user feedback and testing, that while previous iterations of Symphony offered many useful features, the product did not display them in the most elegant–or intuitive–way possible.
As an example, let’s look at the process of starting a chat. Earlier versions of Symphony prompted users to start by choosing a conversation type: a one-to-one chat or a chat room. In Symphony 2.0, users start by selecting the people they want to chat with–a much more intuitive first step and a simplified user experience. This eliminates cognitive overhead when a user is trying to initiate time-sensitive conversations!
Now, they can just start the conversation and worry about chat settings later. If the conversation evolves, they can add new users while maintaining chat history, and even name the group chat to transform it into a chat room.
This is just one of many examples that illustrate our approach to building a “ruthlessly simple” platform. As Goldman Sachs’s Michael Lynch observed when we first introduced this new design at Innovate New York 2020, “the simplicity of 2.0 makes it intuitive to use.”
Thanks, Michael–that’s exactly what we were going for.
Symphony turns 10! Discover how we’re transforming the financial industry through trust, passion, and cutting-edge technology.
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.