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.
StreetLinx Inc., the financial services counterparty mapping platform, has developed and rolled out on Symphony the StreetLinx Alert Bot, which alerts users of organizational changes at the firms they interact with.
As keeping track of changes across counterparties is an important industry challenge, the bot was built to support two primary use cases:
Utilizing Symphony’s flexible infrastructure, messages generated by the bot provides users with both one-click access to the StreetLinx platform as well as the ability to connect with users for cross-firm communication on Symphony.
StreetLinx CEO Gary Godshaw said: “For many of our customers, Symphony is the common denominator. With a community of more than 500,000 users, they are by far the broadest financial services network and community. The StreetLinx Alert Bot is a lightweight integration on Symphony that allows us to deliver a streamlined user experience to our clients.”
Sell-side Symphony users with entitlements on StreetLinx can open a channel with the bot and subscribe to specific alert types such as interest list updates, new strategy launches and personnel changes updated by their clients. On the other hand, buy-side users can subscribe to alerts such as changes in sales coverage across their dealer counterparts
“The StreetLinx Alert Bot is the first deployment in a series of connectivity and entitlement-centric workflow solutions our teams have collaborated on jointly with buy and sell-side customers. We are excited to see this go live and look forward to more collaboration in the future!”, concluded Symphony’s Global Head of Solutions, Krishna Nadella.
StreetLinx serves as a marketplace for the exchange of organizational data between trusted institutions. The firm standardizes internal directories and provides entitlement controls for bilateral sharing between counterparties. More than 130+ buy-side firms and over 50 dealers have joined the platform since its launch in 2019.
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.