Symphony

Symphony

Secure communication and collaboration platform

About Symphony

Simplify's Rating
Why Symphony is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Financial Services

Company Size

501-1,000

Company Stage

Series E

Total Funding

$497.1M

Headquarters

New York City, New York

Founded

2014

Overview

Symphony offers secure and encrypted communication and collaboration tools tailored for the financial sector. The platform enables teams to send messages, share files, automate trade flows, and hold real-time meetings while ensuring compliance with regulatory standards. Unlike its competitors, Symphony focuses specifically on the needs of financial institutions, providing a subscription-based service that includes features like custom bots and workflow automation. The company's goal is to help businesses innovate and streamline their operations while maintaining high levels of security.

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Simplify's Take

What believers are saying

  • Partnership with Google Cloud enhances voice analytics with AI capabilities.
  • Collaboration with Appian expands compliance solutions for financial institutions.
  • Integration with Broadridge improves operational efficiency in financial workflows.

What critics are saying

  • AI-powered tools may face data privacy and compliance challenges.
  • Reliance on partnerships exposes Symphony to potential strategic misalignments.
  • Intensifying competition could erode Symphony's market share.

What makes Symphony unique

  • Symphony offers secure, encrypted communication tailored for the financial sector.
  • The platform integrates custom bots and apps to automate routine tasks.
  • Symphony's compliance solutions are attractive to financial institutions.

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Funding

Total Funding

$497.1M

Above

Industry Average

Funded Over

4 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Below Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Regional specific competitive benefits

Build your own Benefits (BYOB) perk

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-1%

2 year growth

-1%
FF News
Feb 5th, 2025
Broadridge Enhances Nyfix Matching Solution With Symphony Messaging

To streamline communication between asset managers and their executing brokers, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced a partnership with Symphony, the communication and markets technology company, to integrate messaging technology into the NYFIX Matching platform. This latest innovation empowers asset managers to communicate directly with brokers via Symphony’s secure messaging platform, enabling compliance, transparency and streamlined resolution of post-trade discrepancies.“By integrating Symphony’s messaging functionality, we are enabling clients to resolve post-trade inaccuracies faster and with greater ease, ultimately enhancing operational efficiency,” said Georger Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. “This is the latest example of simplifying the client experience with innovative solutions to meet their evolving needs and help them better operate, innovate and grow.”As the first post-trade matching tool in the industry to offer integrated messaging capabilities, NYFIX Matching addresses a critical gap in the market. The introduction of messaging functionality responds directly to client feedback, who expressed a desire for faster and more direct communication with brokers. This functionality is now available for NYFIX customers.“As the financial industry advances towards workflow digitization, it has become increasingly reliant on modern, secure, and interoperable collaboration tools to mitigate risks and increase efficiencies,” said Brad Levy, CEO of Symphony

PR Newswire
Feb 4th, 2025
Broadridge Enhances Nyfix Matching Solution With Symphony Messaging

NYFIX Matching is the first post-trade matching tool with messaging functionality, enablingcompliance, greater transparency and streamlined resolution of post-trade discrepanciesNEW YORK, Feb. 4, 2025 /PRNewswire/ -- To streamline communication between asset managers and their executing brokers, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced a partnership with Symphony, the communication and markets technology company, to integrate messaging technology into the NYFIX Matching platform. This latest innovation empowers asset managers to communicate directly with brokers via Symphony's secure messaging platform, enabling compliance, transparency and streamlined resolution of post-trade discrepancies."By integrating Symphony's messaging functionality, we are enabling clients to resolve post-trade inaccuracies faster and with greater ease, ultimately enhancing operational efficiency," said Georger Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. "This is the latest example of simplifying the client experience with innovative solutions to meet their evolving needs and help them better operate, innovate and grow."As the first post-trade matching tool in the industry to offer integrated messaging capabilities, NYFIX Matching addresses a critical gap in the market. The introduction of messaging functionality responds directly to client feedback, who expressed a desire for faster and more direct communication with brokers

WatersTechnology
Apr 25th, 2024
Symphony boosts Cloud9 voice offerings with AI

Financial messaging and collaboration platform Symphony unveiled new AI-powered tools in the Cloud9 Trader platform last week at its annual Innovate conference in New York, building on its suite of offerings in messaging, trader voice, directory, and identity solutions.

Finextra
Feb 29th, 2024
Appian and Symphony team up for audited communications on non-compliant messaging platforms

Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets' infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market.

PR Newswire
Feb 29th, 2024
Appian S'Associe À Symphony Pour Assurer La Conformité Des Communications Financières Et L'Automatisation Des Processus

SearchSearching for your content. News in FocusBusiness MoneyScience TechLifestyle HealthPolicy Public InterestPeople CultureCe partenariat vise à faciliter le respect des réglementations en matière de services financiers grâce à une meilleure lisibilité et à une plus grande capacité d'audit.PARIS, 29 février 2024 /PRNewswire/ -- Appian (Nasdaq : APPN) s'est associé à Symphony, la plateforme de communication leader des marchés financiers, pour aider les banques et les sociétés de services financiers à communiquer, collaborer et automatiser en toute conformité sur un marché hautement concurrentiel et réglementé. Ce partenariat permettra aux clients d'intégrer dans leurs flux de communication une dimension omnicanale auditable et conforme, sur les messageries les plus répandues, afin de gagner en efficacité et transparence.Appian partners with Symphony to enable compliant financial communications and process automation. Appian arbeitet mit Symphony zusammen, um eine konforme Finanzkommunikation und Prozessautomatisierung zu ermöglichen

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