As the vast selection of collaboration tools available to institutional traders continues to grow, coupled with the accelerated adoption of emerging technologies, many firms are struggling to address the knock-on effect this is having on trader workflows. In the seventh episode of Cloud9’s podcast series examining developments in the voice trading landscape, Cloud9’s Chief Operating Officer Jim Miller and Symphony’s Chief Product Officer Michael Lynch examine how fragmented workflows can be solved by consolidating trading tools with voice capabilities and how Symphony’s recent acquisition of Cloud9 is playing a key part in alleviating challenges.
As the global pandemic continues to force institutional traders to work remotely, firms need to ensure they have the proper solutions in place to effectively capture, store and use voice metadata – regardless of their location. In the sixth episode of Cloud9’s podcast series examining developments in the voice trading landscape, Cloud9’s Product Manager Alex Francisci, and Intelligent Voice’s Chief Technology Officer Nigel Cannings, examine why institutional traders need to be able to leverage voice metadata to make more informed decisions, especially when it comes to their overall strategy and pertaining to the regulatory compliance process in the new working environment.
As the financial industry continues to transition towards a predominantly virtual environment, institutional traders need to be able to easily access the right tools to stay connected and enhance workflow efficiencies. In the fifth episode of Cloud9’s podcast series, Cloud9’s Chief Innovation Officer and Co-founder Leo Papadopoulos, and Chief Operating Officer Jim Miller, examine what voice trading capabilities institutional traders must have in a distributed workplace and how a cloud-based platform can provide a more secure, mobile and accessible ecosystem.
The shortlist has been released for the FTF News Technology Innovation Awards 2021 and Cloud9 is a finalist for Best Cloud-Native Computing Initiative.
The FTF News Technology Innovation Awards recognize the professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence during 2020. These awards will be decided by an industry-wide vote that will close on May 14.
Over the last 12 months, Cloud9 has empowered institutional traders to not only work remotely as trading floors have closed, but elevate their workflow efficiency by delivering anytime/anywhere access to a “virtual trading floor” via its suite of voice trading APIs. This has enabled some of the largest global institutions to move beyond traditional legacy technology and to a more secure, mobile and accessible cloud-based ecosystem.
Cast your vote today for Cloud9 as the industry’s Best Cloud-Native Computing Initiative. Thank you for your support!
2020 was a year unlike any other. Despite our worst fears, many organizations were able to respond quickly and deal with change. In some cases, we managed to improve business communications despite the demise of the traditional office setting. To illustrate these points, Glue42 gathered insights from renowned fintech experts.
Here’s what our CAO, Brian Hunt had to say:
“Over the last 12 months, we’ve seen a major shift across the institutional trading landscape as traders were forced off the traditional trading floor and into remote working conditions. While the pandemic has been a catalyst, it was not the sole driver of this structural shift. Voice trading and mobility remain prominent factors in the institutional trading ecosystem but they must be supported by secure and reliable cloud infrastructure in order to access the ‘virtual trading floor’ that is quickly becoming the new normal.
Many firms realized at the outset of the pandemic that they lacked the resources to adequately capture voice data because they had been relying heavily on antiquated technology. Cloud9 quickly stepped in with our cloud-based voice communication APIs to ensure greater flexibility and interoperability, regardless of where they were located, ultimately leading to a 50% increase in our business.
In an industry that’s becoming increasingly digitized, productivity should not be impacted. In fact, we’ve learned that firms can even elevate efficiency by leveraging the right resources, from front-office trading software to regulatory and compliance solutions. We expect that trend to continue this year but it starts with creating a more nimble, cloud-based environment for individuals on and off the trading floor.”