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.
Since Symphony’s earliest days as a company, we have collaborated closely with our customers to ensure that our product both addresses their challenges and meets their needs. In that spirit of collaboration and in conjunction with Symphony’s board of directors, we recently formed a Technical Advisory Group (TAG) as a forum to discuss perspectives on technology with our customers and help to inform Symphony’s go-forward strategy. At its outset, the group committed to meeting twice a year to share knowledge and experience regarding technology trends and related Symphony initiatives, as well as to ensure that our development strategy aligns with our customers’ visions.
The initial TAG includes senior leaders and technologists from the following organizations:
The inaugural TAG session took place in early April, where we engaged the group on two timely topics: confidential computing and unlocking unstructured voice data.
Confidential computing involves protecting sensitive and/or highly-regulated data in the cloud. As it becomes more widely adopted, this technology will enable the movement of more confidential workloads to the cloud, further reducing the overhead of legacy on-prem computing environments.
With regards to unstructured voice data, the group discussed the mechanics of deploying artificial intelligence and machine learning to enhance audio quality and perform more robust analytics on data from voice calls conducted using our Cloud9 technology. The goal of this project is to furnish a secure way to better optimize these highly valuable content streams in real time.
Based on strong interest from the TAG members, Symphony will continue to explore these technologies with key strategic partners. The team will review progress at the next TAG meeting, which will take place at our primary R&D center in Sophia Antipolis, France in September.
As we explore emerging technology opportunities and challenges at Symphony, we are deeply committed to making sure our priorities are aligned with those of our customers. The TAG is one way we are actively partnering with financial services leaders to move our industry forward, and we express deep thanks to our TAG members for their contributions to our strategic progress.
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.