Symphony – the markets infrastructure and technology platform – is expanding its global footprint by establishing a commercial office in the Middle East.
The new office will be located in Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, “underlining Symphony’s commitment to the region and its trust in the commercial opportunities it offers.”
Brad Levy, CEO at Symphony, said:
“Our team is excited to open an office in ADGM and is thankful for all the support we have received from their team to reach this milestone. As capital markets activity continues to grow and diversify, the Middle East stands as a key market for Symphony’s expansion. Abu Dhabi has emerged as a robust global financial center with remarkable growth over the past years, pointing towards an incredibly bright future ahead for both regional and global market participants. With a decade of experience supporting the world’s top financial institutions, we are confident that our technology will effectively serve firms operating in the region.”
Arvind Ramamurthy, Chief of Market Development at ADGM said:
“We welcome Symphony, the leading markets infrastructure and technology platform, as it joins Abu Dhabi and its thriving International Financial Center. This expansion underscores Abu Dhabi’s appeal and its position as the preferred destination for global entities seeking strategic growth opportunities. Here in ADGM, we are nurturing an environment conducive to the growth and expansion of companies like Symphony and look forward to them achieving new milestones in the region and beyond.”
As a communications platform for global finance, “with a product offering that includes messaging and collaboration, trader voice, data and analytics, and directory and identity, Symphony is already working with financial institutions in the region.”
As noted in the update, Symphony claims that it is “the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows.”
It is a vibrant community of “over half a million financial professionals with a trusted directory and serves over 1000 institutions.”
Symphony is powering “over 2,000 community built applications and bots.”
