Symphony Communication Services (SCS) has strengthened its platform with the addition of a new app from Dow Jones. The freshly deployed Dow Jones News App will help broadcast over 8,000 sovereign news items per day, providing users with some of the most comprehensive news coverage available across markets.
Symphony’s workflow platform and network have seen dramatic additions of the past few months. In addition to the Dow Jones’ app launch, the cloud-based platform recently broadened its own capabilities integrating Thomson Reuter’s EIKON solution into its services suite.
With the implementation of the Dow Jones News app, users on Symphony’s network will gain access to news from several main media outlets – this includes Dow Jones Newswires, The Wall Street Journal, Barron’s, and MarketWatch. The availability of premium news also helps fortify Symphony’s network, which upon subscription makes it one of the most all-encompassing options on the market.
Powered by Dow Jones’ new API
The new app will tap directly into Symphony’s existing platform, featuring an API from Dow Jones’ recent beta launch earlier this year in April. More specifically, the app will include streaming news in real time, instant share functionality via chats, multi-lateral connectivity to Dow Jones newswire services, and expert analysis.
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Edward Roussel, Chief Innovation Officer at Dow Jones, commented: “The way news is consumed on Wall Street is changing radically, moving towards a model where content is highly customized and sharable. Our goal is to eliminate the noise, facilitating faster decision-making and giving customers on Symphony an edge.”
“We are excited to offer the Dow Jones News App to Symphony’s growing network of users. With this app, Dow Jones is giving financial professionals the ability to integrate premium, quality news into their daily workflow – without ever leaving the Symphony platform,” added Frederic Stemmelin, Vice President, Business Development at Symphony.
“We will leverage our newly released DNA platform as we continue to look for ways to integrate our content into customers’ workflows,” reiterated Joe Cappitelli, General Manager of News & Insights at Dow Jones.
Originally launched back in 2015 to help compete with Bloomberg, Symphony recently raised over $63 million in its latest funding round, crossing over $233 million in total. The platform was launched by a pantheon of fourteen sell-side brokers such as Goldman-Sachs, Deutche Bank, and Citi, among others.