"This partnership will greatly enrich the user experience for FIA Tech customers and will facilitate collaboration between our combined user base." We are excited to work with Symphony to remove barriers within and between institutions."

FIA Tech has announced that it will integrate its database network into the Symphony platform by introducing a new FIA Tech Bot, providing access to gold source data sets including contract specifications, exchange fees, position limits, cash and collateral management data, clearing house calendars, and corporate behavior through queries.

FIA Tech's database network is designed to bring together independent software vendors (ISVs), exchanges, clearing houses and other data providers into an interoperable global network, simplifying the use of reference data, analytics and software solutions by participating companies.

The network unifies reference data from more than 80 exchanges and central counterparties (CCPS) around the world, with leading index providers including FTSE, MSCI, S&P and STOXX as well as independent software developers CQG and Trading Technologies.

The Bot will go live in the second quarter of 2023

When the robot goes live in the second quarter of 2023, the collaboration with Symphony will bear fruit.

The bot will be accessible on Symphony, allowing joint customers to integrate datasets into workflows and applications, accessing data through interactions with intelligent chatbots. End users can build and save queries against their available data sets, as well as create schedule notifications for changes to those queries and the underlying data sets.

In 2022, Symphony acquired Amenity Analytics, a natural language processing (NLP) data analytics solution that provides actionable insights to portfolio managers, research professionals, analysts and other financial market participants. FIA Tech and Symphony plan to integrate Amenity's products into FIA Tech robots later in 2023.

As volatility increases, Symphony becomes more and more important

FIA Tech President and CEO Nick Solinger said: "This partnership will greatly enrich the user experience for FIA Tech customers and will facilitate collaboration between our combined user base. We are excited to work with Symphony to remove barriers within and between institutions."

Brad Levy, CEO of Symphony, said: "We are delighted that FIA Tech on Symphony will be able to serve such relevant communities in the financial services sector. Symphony currently serves more than 600,000 financial professionals worldwide and is becoming more important every day as market volatility increases and the importance of efficient, instant communication grows."