About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

T+1 and Voice Analytics to Feature at Symphony Innovate 2024 (NYC)

Subscribe to our newsletter

A-Team Group recently caught up with Ben Chrnelich, President and CFO of Symphony Communications to discuss how their Enterprise Collaboration and Workflow platform is helping firms prepare for T+1 – which goes live on May 28, and the significant uptick in e-comms messaging volume over their Federated Communications offerings. 

Both of these core offerings will be in focus at Symphony Innovate 2024 in NYC on April 18th.   

The Evolution of Operations Workflows will feature Live Demos from DTCC and Symphony with representation from Citi, JP Morgan, UBS, and Well Fargo.

Bringing Insights to Trader Voice will highlight Cloud9 Transcription and Voice Analytics in Action with representation from Goldman Sachs and Capital One. 

As Chrnelich recalls; “Going into 2024, there were signs that capital flows were opening up. People were looking to invest in areas around RegTech and compliance technology. The seriousness of industry fines related to off-channel communication was definitely being acknowledged and addressed by the industry and regulated participants. We’ve seen the messaging volume on our federated offerings grow by almost 400% since Q1 of 2023.” 

Symphony Communications started in 2014 as an industry-backed consortium, to deliver a messaging platform for data security and compliance, and an open architecture platform to facilitate real-time cross-company and inter-company communication. The founding consortium members included BofA Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Today, the company’s solutions support over half a million users, servicing more than 1,000 institutions.

Subscribe to our newsletter

Related content


Upcoming Webinar: Best practices for compliance with EU Market Abuse Regulation

Date: 18 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation,...


T+1 Accelerators Showcased at Symphony Innovate 2024

With less than 30 days until the May 28 T+1 implementation for US markets, collaboration platform operator Symphony last week used the occasion of its annual Symphony Innovate event to highlight three innovations that promise to significantly accelerate the resolution of post-trade exceptions.  The new capabilities, which build on the company’s foundational secure communication platform,...


AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.


Fatca – Getting to Grips with the Challenge Ahead

The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...