Symphony celebrates industry recognition
See what makes Cloud9 standout in the financial services industry. In this interview between Symphony’s Michael Lynch and WatersTechnology’s Victor Anderson.
On June 1, 2021, I joined Symphony as Chief Product Officer – the same day Brad Levy became our CEO. That same month, we announced the acquisition of Cloud9: a cloud-native, API-first approach to trader voice. It was a pivotal month in an exciting and eventful year for Symphony, and myself. One year later, we have made remarkable strides to convert Symphony’s potential into transformational value for our customers – and Cloud9, its people and its product, have played an integral role in our progress.
I’m always thinking of ways to articulate the intended value our products deliver to our customers. I recently spoke about the concept of “signal velocity” – which, bear with me – is a physics concept that measures the speed at which a wave carries information. At Symphony, we use this concept as a proxy for how we help our customers accelerate the speed at which their messages (data, ideas, opportunities) get to their best-possible recipient. In this time of macro market uncertainty and increasing technological complexity, signal velocity is more important than ever.
My team’s job is to create products that maximize signal velocity, usually in one or more of the following three ways:
When it comes to maximizing signal velocity, our acquisition of Cloud9 is potentially the best example of the progress we’ve made in the past year. Cloud9 introduced unparalleled user flexibility and location flexibility through its API-first, cloud-native approach to trader voice. The way Cloud9 brought those two capabilities to market – at a time when those were more important than ever – has transformed the way users communicate, both within their teams and with their counterparties.
Now, our product team is leveraging those transformative capabilities to develop an integrated product offering. Previously, trader voice and messaging represented two completely separate tech stacks and user experiences. Through Symphony’s integration with Cloud9, we will introduce capabilities that allow users to seamlessly transition between chat and voice, without switching applications or platforms. If you’re messaging with your team or customer in a room on Symphony, you will be able to immediately open up a direct voice channel with one click – and deliver your signal to your team, instantly.
In the financial markets, unlocking high-value information and getting the right message to the right people at the right time is more crucial than ever. At Symphony, we believe that maximizing signal velocity is the key to cutting through the fog in today’s world and driving transformational value in global markets. I’m very proud of what we’ve accomplished since June of 2021, and look forward to building on that progress with the product team moving forward,
Learn more about Cloud9 and Symphony at symphony.com or contact [email protected] for more information.
See what makes Cloud9 standout in the financial services industry. In this interview between Symphony’s Michael Lynch and WatersTechnology’s Victor Anderson.
Every year, Symphony Innovate brings together industry leaders to share insights, showcase live demos of products, integrations and workflow automations, as well as provide case studies on how technological advancements have transformed the community.
Innovate New York 2024 featured live demos and new innovations in action from Symphony, Citi, DTCC, Eidosmedia, HUB, LoanBook, RBC & MDX Technologies, Taskize, TP ICAP & ipushpull, UBS, Wells Fargo, 28Stone and more.
Symphony is now in its tenth year of developing secure and compliant communications technology for global financial market participants. With over 500,000 users and more than 1300 firms using Symphony solutions, our industry relevance [and reliance] is widely recognized by clients, partners, regulators and journalists.