Symphony Strengthens Platform with Addition of Dow Jones News App

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.

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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 Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-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.

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 Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term 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.