Symphony’s Seven-Year Itch
After seven years and half a billion dollars in funding, Symphony has made strides but arguably has not delivered the “big win” of living up to its early hype as a Bloomberg-killer. Max asks how long its investors will continue to back the venture, whether new CEO Brad Levy can steer it back on track, and whether Big Tech could be the way forward.
In the calendar year, June marks a period of change. As spring stretches into summer, the days become shorter, the nights longer. This same time period also ushered in major changes at financial messaging and collaboration platform Symphony Communications, with its acquisition of voice communications platform Cloud9 Technologies, and a changing of the guard, with Brad Levy taking the reins from founder David Gurlé.
Levy joined Symphony in July last year, but it wasn’t a surprise when the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
US regulators remove FIGI proposal from joint FDTA rules
The Financial Data Transparency Act’s final rules omit an earlier proposal to establish the FIGI as a common financial instrument identifier across regulatory reporting activities.
Clear Street rolls out new BestEx algo platform
Clear Street has deployed BestEx’s new platform, giving it global execution reach, plus a host of other features built in.
Is alt data betting on prediction markets?
The Waters Wrap: Prediction markets are riddled with legal uncertainties, but they also might be one of the richest new data sources seen in years, writes Nyela.
Will SEC reporting proposal supercharge alt data providers?
An SEC proposal that would let companies opt out of quarterly reporting disclosures could be a boon for alternative data providers.
LSEG paid $275 million for MayStreet, court documents say
Amid the ongoing MayStreet–LSEG lawsuit, lawyers for the exchange group filed documents last week that reveal the price tag of the deal and the earnout amounts at the center of the case.
Suspect in killing of CJC market data engineer captured
Sandra Villena’s alleged killer was arrested after more than three years on the run and will be extradited to Ecuador, where he is charged with femicide.
From latency to flexibility: The evolution of LSEG’s real-time data business
LSEG’s real-time market data business supports the push toward managed, cloud-based solutions, addressing legacy constraints while future proofing data strategies.
Old data practices key to navigating new agentic ambitions
Metadata and data quality are not as sexy as autonomous agents, but data executives across the capital markets warn that they are integral to successful agents.
