Streamlining Transaction Workflows
SPARC is Symphony’s proprietary technology to standardize and automate pre-trade workflows, built atop our secure chat and collaboration platform.
Overcoming a slow, cumbersome process
Many buy and sell-side desks rely on a combination of communication methods to price instruments — legacy chat, email and phone calls — with no way to standardize or automate the process. Manual entries, multiple inputs and limited straight-through-processing is the norm. It’s a recipe for miscommunications, errors and operational headaches — not to mention frustrated clients.
Designed to enhance productivity
SPARC is a multi-asset solution designed for advanced workflows. Built-in tools such as systematic product definitions, assisted data import/export, API accessibility and integration with OMS/EMS providers enhance productivity.
Workflow standardization and automation
SPARC organizes price negotiations in pre-populated, bilateral chats. There’s minimal need for manual data entry and those simultaneous bilateral dealer price negotiations can occur through SPARC’s intuitive user interface.
Security as only Symphony delivers
Built atop Symphony’s secure chat platform, SPARC RFQ communications are encrypted and saved in structured audit logs which are easily accessible, reducing operational and Compliance risks.
Multi-asset RFQ price negotiations
Utilizing Symphony’s secure chat platform, SPARC organizes price negotiations between buy-side dealers and sell side traders in confidential bilateral chats. See a demonstration of a SPARC RFQ price negotiation.
Learn how SPARC can improve your pre-trade workflows.
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Symphony is not, and shall not be construed as, a registered broker-dealer, an underwriter of securities, an introducing broker, or an entity performing similar or other regulated functions. Similarly, Symphony is not registered as, or to be construed as, a multilateral facility (including but not limited to a SEF, MTF or OTF), trading venue, regulated market or exchange. Because Symphony does not act in these capacities, nor is Symphony registered to do so, any indication to the contrary on this site or in any other document provided to you by Symphony shall be interpreted to the maximum extent so as not to imply that Symphony is acting in such capacity (or in any other capacity that is subject to regulatory oversight or subject to a requirement to register with a financial regulator).
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