The partnership enables communication between Weixin users and Regulated Professionals using Symphony’s Secure, Compliant Platform
HONG KONG, CHINA - Media OutReach - 6 November 2019
-- the leading provider of secure cloud collaboration for global markets
-- today announced a partnership with Tencent to connect Symphony's community of
450,000 global markets professionals with the Weixin platform (known as WeChat
outside mainland China).
integration is the first of its kind and enables two major global communities
to connect and conduct business via their favorite applications. Symphony users
can now interact with Weixin users in China and beyond while meeting critical
financial regulatory requirements - including trust barriers, information
protection governance, and data sovereignty requirements.
over one billion monthly active users, Weixin/WeChat serves consumers and
financial 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 solution
that can provide companies with a secure and compliant way to connect to the
Weixin community. Our partnership brings together our trusted collaboration and
workflow platform with Tencent's Weixin ecosystem."
Symphony Weixin service allows Symphony customers to communicate with clients
on Weixin in real-time while maintaining compliance and governance policies.
Weixin users are easily provisioned via a QR code and experience the same
familiar interface to which they are accustomed. Every message is automatically
integrated into the enterprise's existing compliance, information barrier,
entitlement, malware protection, and Data Loss Prevention processes.
scoped, built and tested its Weixin integration in conjunction with leading
financial services companies to ensure the integration met the critical needs
of the sector. Members of this Joint Development Program include BNP Paribas,
Citi, Deutsche Bank, and Goldman Sachs.
"The Weixin ecosystem
is without a doubt the primary way of communicating for many of our clients in
China and beyond, but until now it was difficult to reconcile the ease of use
with our industry's stringent compliance requirements," said Chris Bezuidenhout, Chief Information
Officer for Investment and Corporate Bank, Deutsche Bank Asia Pacific. "By
coming together, Symphony and Weixin have opened the door for us to communicate
with our clients securely, and in a way that's most convenient for them, in one
of our most important growth markets. Deutsche Bank is thrilled to be part of
the team that has helped solve this regulatory and compliance puzzle, enabling
Symphony's established community of market participants to use Weixin to
communicate seamlessly with clients while upholding rigorous compliance and
interested in the integration can contact the Symphony team today at www.symphony.com/contact, where they can obtain more details on
the early access program.
Established in 2014, Symphony is the cloud-based messaging
and collaboration platform that securely connects markets, organizations and
individuals. Powered by a growing and open app ecosystem, and protected with customer-controlled
encryption key infrastructure, Symphony's communications platform increases
workflow productivity while maintaining global regulatory compliance. Already
the platform of choice for the financial services industry, Symphony unifies
the enterprise workflow to boost productivity in any information-centric
Symphony currently has over 450,000 users from more than 400
companies worldwide, powering over 60 million monthly messages.
For more information, please visit: www.symphony.com
Tencent uses technology to enrich the lives of Internet
users. The company's social products Weixin and QQ links its users to a rich
digital content catalogue including games, video, music and books. Tencent's
proprietary targeting technology helps advertisers reach out to hundreds of
millions of consumers in China. Its infrastructure, FinTech and Business
Services -- including payment, security, cloud and artificial intelligence --
create differentiated offerings to support its partners' business growth and assist
their digital upgrade.
Tencent invests heavily in people and innovation, enabling
the company to evolve with the Internet.
Tencent was founded in Shenzhen, China, in 1998. Shares of
Tencent (00700.HK) are traded on the Main Board of the Stock Exchange of Hong
For more information, please visit: www.tencent.com