Symphony and Tencent Announce Partnership to Integrate WeChat with Symphony's collaboration Community

November 06, 2019 - 02:07
Symphony and Tencent Announce Partnership to Integrate WeChat with Symphony's collaboration Community

The partnership enables communication between Weixin users and Regulated Professionals using Symphony’s Secure, Compliant Platform

 

HONG KONG, CHINA - Media OutReach - 6 November 2019- Symphony-- the leading provider of secure cloud collaboration for global markets-- today announced a partnership with Tencent to connect Symphony's community of450,000 global markets professionals with the Weixin platform (known as WeChatoutside mainland China).

 

Thisintegration is the first of its kind and enables two major global communitiesto connect and conduct business via their favorite applications. Symphony userscan now interact with Weixin users in China and beyond while meeting criticalfinancial regulatory requirements - including trust barriers, informationprotection governance, and data sovereignty requirements.

 

"Withover one billion monthly active users, Weixin/WeChat serves consumers andfinancial services professionals in China and around the world," said David Gurle, Founder and CEO of Symphony."Our global markets and private wealth management customers need a solutionthat can provide companies with a secure and compliant way to connect to theWeixin community. Our partnership brings together our trusted collaboration andworkflow platform with Tencent's Weixin ecosystem."

 

TheSymphony Weixin service allows Symphony customers to communicate with clientson Weixin in real-time while maintaining compliance and governance policies.Weixin users are easily provisioned via a QR code and experience the samefamiliar interface to which they are accustomed. Every message is automaticallyintegrated into the enterprise's existing compliance, information barrier,entitlement, malware protection, and Data Loss Prevention processes.

 

Symphonyscoped, built and tested its Weixin integration in conjunction with leadingfinancial services companies to ensure the integration met the critical needsof the sector. Members of this Joint Development Program include BNP Paribas,Citi, Deutsche Bank, and Goldman Sachs.

 

"The Weixin ecosystemis without a doubt the primary way of communicating for many of our clients inChina and beyond, but until now it was difficult to reconcile the ease of usewith our industry's stringent compliance requirements," said Chris Bezuidenhout, Chief InformationOfficer for Investment and Corporate Bank, Deutsche Bank Asia Pacific. "Bycoming together, Symphony and Weixin have opened the door for us to communicatewith our clients securely, and in a way that's most convenient for them, in oneof our most important growth markets. Deutsche Bank is thrilled to be part ofthe team that has helped solve this regulatory and compliance puzzle, enablingSymphony's established community of market participants to use Weixin tocommunicate seamlessly with clients while upholding rigorous compliance andsecurity standards." 

 

Companiesinterested in the integration can contact the Symphony team today at www.symphony.com/contact, where they can obtain more details onthe early access program.


About Symphony

Established in 2014, Symphony is the cloud-based messagingand collaboration platform that securely connects markets, organizations andindividuals. Powered by a growing and open app ecosystem, and protected with customer-controlledencryption key infrastructure, Symphony's communications platform increasesworkflow productivity while maintaining global regulatory compliance. Alreadythe platform of choice for the financial services industry, Symphony unifiesthe enterprise workflow to boost productivity in any information-centricbusiness.


Symphony currently has over 450,000 users from more than 400companies worldwide, powering over 60 million monthly messages.


For more information, please visit: www.symphony.com

 

About Tencent

Tencent uses technology to enrich the lives of Internetusers. The company's social products Weixin and QQ links its users to a richdigital content catalogue including games, video, music and books. Tencent'sproprietary targeting technology helps advertisers reach out to hundreds ofmillions of consumers in China. Its infrastructure, FinTech and BusinessServices -- including payment, security, cloud and artificial intelligence --create differentiated offerings to support its partners' business growth and assisttheir digital upgrade.


Tencent invests heavily in people and innovation, enablingthe company to evolve with the Internet.


Tencent was founded in Shenzhen, China, in 1998. Shares ofTencent (00700.HK) are traded on the Main Board of the Stock Exchange of HongKong.


For more information, please visit: www.tencent.com


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