About Symphony
Symphony is a commercial communications platform built for financial markets and other regulated industries. It provides secure team and client messaging, and the vendor positions it around compliance and security requirements that ordinary consumer chat tools do not meet.
The product line is split into messaging, voice, directory and analytics. Messaging includes Symphony Messaging itself, Federation for compliant use of WhatsApp and other mobile channels, an embedded mode for placing chat inside existing applications, and interoperability with Microsoft Teams. Add-ons include virtual business numbers, integrations with market and enterprise tools, a confidential cloud environment, and professional services for custom workflows.
Symphony is sold to institutions through demos and sales conversations rather than self-service signup. It is a proprietary product, and the homepage does not publish prices. It suits banks, brokers and similar firms that must archive, supervise and secure their communications.
Key features
- Secure messaging for financial markets workflows
- Federation for compliant WhatsApp and mobile channels
- Embedded mode for existing applications
- Microsoft Teams interoperability
- Voice platform for market participants
- Directory and analytics modules
- Confidential cloud environment
Good fit for
- →Banks needing compliant client messaging
- →Trading desks that work across firms
- →Regulated teams connecting chat to market tools
- Tags
- secure-messaging
- financial-services
- compliance
- voice
- enterprise
- regulated-industries
Symphony: questions and answers
- What is Symphony used for?
- Symphony is a secure messaging platform for financial services firms, with voice, a directory and analytics aimed at regulated industries. It is a good fit for banks needing compliant client messaging, trading desks that work across firms and regulated teams connecting chat to market tools.
- How much does Symphony cost?
- Symphony doesn't publish fixed prices; pricing is quoted on request.
- Is Symphony open source?
- No. Symphony is proprietary (closed-source) software. Open-source alternatives to Symphony include Wire, Rocket.Chat and Mattermost.
- What are some alternatives to Symphony?
- Symphony competes with Slack and Microsoft Teams. For open-source options, see Enlisted's ranked list of open-source Symphony alternatives.
Open-source alternatives to Symphony
See all
Wire
Team Chat
🇪🇺 Wire back-end services
AGPL-3.0vs Slack★ 2.8k
Rocket.Chat
Team Chat
The Secure CommsOS™ for mission-critical operations
OSSvs Slack★ 46k
Mattermost
Team Chat
Mattermost is an open source platform for secure collaboration across the entire software
OSSvs Slack★ 39k
Element
Team Chat
A glossy Matrix collaboration client for the web.
AGPL-3.0vs Slack★ 14k
Synapse
Team Chat
Synapse: Matrix homeserver written in Python/Twisted + Rust
AGPL-3.0vs Slack★ 4.7k
Signal Android
Team Chat
A private messenger for Android.
AGPL-3.0vs WhatsApp★ 29k
SaaS alternatives to Symphony
See all
Slack
Team Chat
Slack is a team messaging platform with channels, huddles, canvases, workflows and AI features, now part of Salesforce.
SaaS
Microsoft Teams
Team Chat
Microsoft Teams is Microsoft's workspace for chat, video meetings and file collaboration, closely tied to Microsoft 365.
SaaS
AWS Wickr
Team Chat
End-to-end encrypted messaging, calling and file sharing service from AWS
SaaS
Troop Messenger
Team Chat
Business messaging platform with SaaS and on-premise deployment options
SaaS
Chanty
Team Chat
Team chat with tasks, voice and video calls aimed at small teams
SaaS
Chatwork
Team Chat
Business chat tool from Japan with group messaging and task assignment
SaaS

