Symphony is a secure, cloud-based, communication and content sharing platform.
|License||Apache License 2.0|
The technology was first built as an internal messaging system by Goldman Sachs called Live Current. In October 2014, Goldman Sachs along with 14 other financial institutions created and invested $66M in Symphony Communication Services LLC and acquired Perzo, Inc., a secure communication application that provided end to end encryption messaging.
On September 15, 2015, Symphony made a public release of its platform and announced partnerships with DowJones, McGraw Hill Financial, and Selerity. McGraw Hill Financial will integrate its financial information tool, S&P Capital IQ and Dow Jones will provide its entire live news feed of about 10,000 stories to the new platform. Selerity will deliver contextually relevant news, research and their proprietary breaking news notifications, directly into the Symphony platform.
In September, 2014, fifteen financial firms invested in Symphony: Bank of America, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo.
In October, 2015, Symphony announced it had raised $100 million in a new round of funding led by Google, with additional investment from Lakestar, Natixis, Société Générale, UBS Group and venture capitalist Merus Capital.
The Symphony Software Foundation has announced it would use the Apache License 2.0 to provide the software as open-source. The contributions will be made available under the foundation's Github repository.
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- Baer, Justin (2017-05-16). "Symphony Raises $63 Million From BNP Paribas, Others". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-06-11.
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