OpenFin & Symphony Software Foundation Join Forces to Drive Fintech Standardization
marketwired – PALO ALTO, CA and NEW YORK, NY – Symphony Software Foundation, the nonprofit organization fostering open innovation around the Symphony secure messaging platform and OpenFin, the financial industry’s leading provider of HTML5 runtime technology, announced today that OpenFin has joined as the newest Foundation Member. This collaboration will enable OpenFin, together with the other Foundation Member organizations, to drive fintech standardization, contribute to the Symphony platform, and further drive the adoption of open source technology within financial services.
As the newest Community Member of the Symphony Software Foundation, OpenFin joins other leaders in the FinServ space, including tier one banks and leading fintech vendors. Through the Foundation’s Open Governance model, OpenFin will influence the overall product direction of the Symphony platform, while its participation in Working Groups will aim to foster container standardization and application interoperability for the financial industry.
“We believe strongly in an open platform for communications within the financial industry. OpenFin joining the Symphony Software Foundation is a testament to our effort in helping the industry drive fintech standardization,” said Mazy Dar, CEO at OpenFin. “Our customers include many Symphony investors and Foundation Members, of which many have expressed interest in an integration between OpenFin and Symphony. Our direct participation in the Foundation will facilitate this collaboration and enable us to contribute to its efforts to build a thriving open source foundation,” he said.
The Symphony messaging platform is gaining major momentum and is increasingly being adopted by leaders in the financial services and fintech space. Symphony is unique in enabling secure, cloud-based communications where markets and individuals can come together to create vibrant communities in which to share content, insights and opinions without compromising on organizational compliance.
“OpenFin provides an open, innovative, secure HTML5 container that is highly complementary to the core Symphony messaging platform and widely adopted by our Members,” said Gabriele Columbro, Executive Director at the Symphony Software Foundation. “OpenFin has demonstrated support for the vision of the Symphony Software Foundation in leveraging Open Source to drive disruptive innovation and standardization in Financial Services. I am excited to welcome them to our Community.”
“One of the core purposes of the Symphony Software Foundation is to ensure that the Symphony ecosystem experiences continuous innovation,” said David Gurlé, founder and CEO, Symphony. “As such, we are thrilled to have OpenFin join and bring their expertise to the community.”
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