LONDON, May 7, 2019 /PRNewswire/ -- Fenics Market Data
("Fenics MD"), a division of Fenics Software Limited, an entity
within BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or
"the Company"), today announced it has partnered with Symphony, the
leading secure team collaboration platform, to allow Symphony users
to access live Fenics MD's data on the Symphony platform.
"Fenics MD is excited to partner with Symphony as it looks at
new distribution channels to reach the ever expanding client
community interested in viewing Venue and OTC financial market
data," commented Matt
Woodhams, senior managing director, Fenics MD.
Major financial institutions rely on Symphony's chat platform
for secure, end-to-end encrypted communications every day. The
Fenics MD application will provide unique access to a broad range
of financial instruments, sourced from a combination of BGC's OTC
Venues and Fenics MD analytics engines, enabling Symphony users to
make trading and risk management decisions on a single
platform.
Initially, this will comprise of interest rate swaps
data. Fenics MD will continue to collaborate with Symphony to
roll out further datasets in the second and third quarters of
2019.
"Symphony is building one of the most robust ecosystems of
integrated data and applications in a single platform. The
availability of real time OTC market data in Symphony is imperative
for our community, and will help our customers make faster, more
informed trade decisions," said Goutam
Nadella, EVP of Client Solutions. "We look forward to
supporting BGC in this effort with the launch of the Fenics MD
application."
About Fenics Market Data
Fenics Market Data (Fenics
MD) is a leading provider and generator of global financial and
commodities market data. Fenics MD is a division within BGC
Partners, Inc. (NASDAQ:BGCP) and is the exclusive distributor of
data for the BGC group of companies, including BGC, GFI, RP Martin,
MINT, Freedom, Amerex, Aurel BGC, Sunrise, BGC Liquidez and
Perimeter Markets, as well as our flagship Fenics MD packages. Data
is sourced directly from the global broking operations of BGC
Partners and its subsidiaries, including electronic and voice
broking, global pricing systems and analytics, with enhanced
coverage through Fenics MD proprietary data packages.
About BGC Partners, Inc.
BGC Partners is a leading
global brokerage and financial technology company. BGC's offerings
include fixed income securities, interest rate swaps, foreign
exchange, equities, equity derivatives, credit derivatives,
commodities, futures, and structured products. BGC provides a wide
range of services, including trade execution, broker-dealer
services, clearing, trade compression, post trade, information, and
other services to a broad range of financial and non-financial
institutions. Through brands including Fenics, BGC Trader,
Capitalab, Lucera, and Fenics Market Data, BGC offers financial
technology solutions, market data, and analytics related to
numerous financial instruments and markets. BGC, BGC Trader, GFI,
Fenics, Fenics Market Data, Capitalab, and Lucera are
trademarks/service marks and/or registered trademarks/service marks
of BGC Partners, Inc. and/or its affiliates.
BGC's customers include many of the world's largest banks,
broker-dealers, investment banks, trading firms, hedge funds,
governments, corporations, and investment firms. BGC's Class A
common stock trades on the NASDAQ Global Select Market under the
ticker symbol "BGCP". BGC Partners is led by Chairman and Chief
Executive Officer Howard W. Lutnick.
For more information, please visit http://www.bgcpartners.com. You
can also follow BGC at https://twitter.com/bgcpartners,
https://www.linkedin.com/company/bgc-partners and/or
http://ir.bgcpartners.com/Investors/default.aspx.
Discussion of Forward-Looking Statements about
BGC
Statements in this document regarding BGC that are not
historical facts are "forward-looking statements" that involve
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements. Except as
required by law, BGC undertakes no obligation to update any
forward-looking statements. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see BGC's
Securities and Exchange Commission filings, including, but not
limited to, the risk factors and Special Note on Forward-Looking
Statements set forth in these filings and any updates to such risk
factors and Special Note on Forward-Looking Statements contained in
subsequent Forms 10-K, Forms 10-Q or Forms 8-K.
About Symphony
Symphony offers a secure team
collaboration platform that transforms the way users communicate
effectively and securely with a single workflow application.
Forging a new path in the industry, Symphony is designed to help
individuals, teams and organizations of all sizes improve
productivity, while meeting complex data security and regulatory
compliance needs. Symphony was founded in October 2014 and is headquartered in Palo Alto, CA, with offices in Hong Kong, London, New
York, Paris, Singapore, Sophia-Antipolis, Stockholm and Tokyo.
For more information, visit www.symphony.com and connect with
Symphony on Twitter, Facebook and LinkedIn.
Media contact for BGC Partners:
Harjeet Singh
+44207894 8829
Investor Relations contact for BGC Partners:
Ujjal Basu Roy
+12126102426
Media Contact for Symphony
Katherine Kilpatrick, Director of Corporate
Communications
Katherine.kilpatrick@symphony.com,
+1650.262.1563
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SOURCE BGC Partners, Inc.