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Symphony Innovation Award Winners


Symphony_Innovation_Award_AllianceBernstein

AllianceBernstein, Abbie Bot

Customer Winner, October 2018

Abbie is an AI-powered virtual assistant that allows its portfolio management teams to automate repetitive bond trading tasks. Abbie listens for trade instructions on Symphony, reads orders from spreadsheets, suggests Treasury trades based on tenor and currency, builds trades with a variety of bond analytics and quickly shows exposure to issuers. Traditionally, this has been a time-consuming process that could take up to hours to complete manually. Abbie performs these tasks in mere seconds today, giving AllianceBernstein a clear competitive edge in operational speed and efficiency. Abbie launched in early 2018 and currently processes 50% of all AllianceBernstein’s fixed income trades – a productivity improvement equating to roughly 50 hours per day.


Symphony_Innovation_Award_VortoVorto, ServiceNow Integration

Partner Winner, October 2018

Vorto's ServiceNow integration creates an efficient environment to manage the critical trade reconciliation process through real-time collaboration between the client and counterparties. Since this integration has gone live, it has significantly reduced the overall time of the reconciliation process and has replaced secure email as the primary communication source. It has already resulted in at least one full time employee’s workload being able to be refocused on more valuable efforts, more will come as the process is further adopted.


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J.P. Morgan

Most Popular, October 2018

We introduced the "Most Popular" award at Symphony Innovate 2018 and honored J.P. Morgan for being the most externally engaged firm in the Symphony network.

 


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BlackRock

Most Engaged, October 2018

BlackRock is the first winner of the "Most Engaged" Symphony Innovate Award. This award recognizes them as the firm with the highest percentage of daily active users on Symphony.

 


anz-2ANZ Banking Group, Trade Butler Bot

Customer Winner, June 2018

The Trade Butler Bot automates the trade validation control for foreign exchange (FX) trades to make the process easier and more effective. Previously a manual process, the Symphony integrated bot solution delivers significant benefits in terms of operational risk mitigation and resource utilization. It has resulted in an 81% reduction of risk events linked to incorrect trade booking.


anz-1ipushpull, Symphony Data Layer

Partner Winner, June 2018

ipushpull's Symphony Data Layer wins for its offering which enables users to share the latest data from their external applications with other Symphony users without sharing files. By integrating with the secure Symphony Data Layer, ipushpull is able to deliver live data sharing while leveraging Symphony’s powerful security, encryption and access controls.