FinTech Studios, a leading cloud platform of curated FinTech apps, content and big-data analytics operated in partnership with dozens of top FinTech startups, data providers and financial institutions, announced today a strategic distribution partnership with Symphony Communication Services LLC.
Symphony is a secure, cloud-based communications platform that connects markets and individuals, promotes collaboration and increases workflow productivity while maintaining organizational compliance. Symphony has raised $170 million from the world's largest financial institutions and recognized investors, including: Bank of America Merrill Lynch, BlackRock, BNY Mellon, Citadel, Citi, Credit Suisse, Deutsche Bank, Google Inc., Goldman Sachs, HSBC, J.P. Morgan, Jefferies, Lakestar, Maverick, Merus Capital, Morgan Stanley, Natixis, Nomura, Societe Generale, UBS and Wells Fargo.
FinTech Studios' cloud platform seamlessly integrates FinTech apps, news, research, financial data and big-data analytics from dozens of cloud partners and millions of websites, online sources and proprietary financial databases in real-time, leveraging advanced machine learning, artificial intelligence and natural language processing (NLP) technology. FinTech Studios was founded in 2014 by Jim Tousignant, the Company's CEO, who previously was co-founder and President of Multex, a leading online research and financial information platform that went public in 1999 and achieved a market cap of $1.5 billion.
FinTech Studios apps and analytics target millions of investors, portfolio managers, research analysts, bankers, brokers, financial advisors, RIAs and traders at banks, brokerage firms, asset management firms, hedge funds, financial advisory firms, private equity and venture capital firms, family offices and public and private companies.
FinTech Studios cloud technology includes advanced machine learning, artificial intelligence and natural language processing technology to automate the intelligent indexing, smart-tagging and linking of business and financial content from millions of web sites, blogs and online sources and integrating this information with actionable market data, research and big-data analytics to simplify and enrich information discovery, research, analysis, workflow and collaboration.
"FinTech Studios' curated news, research and market analytics app will soon be available to all users on Symphony's communications platform. The app allows users to quickly and securely find real-time, actionable news, research and market insight from millions of relevant online sources and share it in real time with their followers, clients, colleagues and other collaborators on the Symphony platform. We are truly excited about partnering with Symphony and delivering the FinTech Studios real-time, actionable curated news, research and big-data analytics app to an ever-growing base of financial services professionals," said Jim Tousignant, founder and CEO of FinTech Studios.
"Relevant, actionable news, research, and big-data analytics are all critical to workflow productivity," said David Gurle, founder and CEO of Symphony. "By partnering with FinTech Studios, we are providing a complete research, analytics, big-data workflow solution that combines rich, timely, and cost-effective content with seamless collaboration and communication capabilities. It's now easier than ever for financial services professionals to access and share relevant information on the Symphony platform."