Provides New Icon to Visible Id Underscoring Personal Blockchain Expertise Platform Centered on Danger Discount, Confidentiality & Operational Efficiencies

NEW YORK, Sept. 13, 2022 /PRNewswire/ — Symbiont, Inc. a know-how pioneer fixing advanced international finance issues utilizing enterprise blockchain options, introduced in the present day a model refresh to underscore its fintech management as one of many pioneers of enterprise blockchain. The corporate unveiled a brand new visible identification introducing an icon to its emblem highlighting its proprietary know-how platform, which focuses on danger discount, confidentiality, and operational efficiencies.

SYMBIONT UNVEILS BRAND REFRESH TO UNDERSCORE TECHNOLOGY ORIGINS & FINTECH LEADERSHIP BUILDING GLOBAL MARKET INFRASTRUCTURE OF THE FUTURE

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The model refresh comes at a time of evolution and maturity of blockchain know-how throughout the monetary providers business total. For Symbiont particularly, the model refresh marks a brand new progress section following the official launch of its smart-collateral product with Vanguard and State Avenue in December of 2021 to deliver post-trade workflow automation, together with the growth of its management, and an upcoming new launch of its refined and personal Meeting platform. Symbiont’s Meeting platform continues its evolution, enhancing simplicity, flexibility, stability, and total efficiency to keep up its innovation standing because the main non-public enterprise blockchain platform for monetary establishments.

Mark Smith, Co-Founder and CEO of Symbiont commented, “When my Co-Founders and I created Symbiont the concept was to develop a know-how firm that will signify the ‘symbiotic’ relationship between new decentralized know-how inside conventional monetary markets and rising tech. Eight years later, I am delighted that we’ve efficiently created a distributed ledger blockchain and good contract know-how inside our customized permissioned know-how platform, constructed with the aim of fixing conventional capital markets points.”

“Right now’s rollout of our new model identification is a nod to our workforce and the Meeting platform we created utilizing risk-averse, safe fintech options to resolve advanced issues for banks, asset-managers, and monetary marketplaces. The Symbiont workforce of engineers and monetary providers specialists have been growing options to resolve market issues within the FX, information, post-trade, and mounted earnings markets, with a purpose of constructing the frequent market infrastructure of the long run. We’re gaining traction and greater than ever targeted on accelerating our good collateral product adoption to automate back-office and regulatory operations to attenuate counterparty/credit score danger” he added.

Silvia Davi, Chief Advertising and marketing & Communications Officer of Symbiont commented, “Symbiont was an early visionary throughout the fintech neighborhood and one of many first to make use of blockchain know-how as an answer to exchange antiquated programs and clear up advanced market issues. Our model refresh emphasizes our roots whereas introducing a brand new block icon to our visible identification to underscore our concentrate on safety, problem- fixing, decentralization and connectivity. Our CEO, CTO, myself and lots of different Symbiont workforce members have been part of the electronification inside monetary providers early on in our careers and in the present day our mission is to introduce a brand new section of market infrastructure know-how options to scale back danger and prices within the back-office, post-trade operations.”

Chuck Ocheret, Chief Expertise Officer of Symbiont stated, “Our model refresh aligns with the following era of Symbiont’s Meeting platform. That is our most superior launch up to now, persevering with to lift the bar for innovation and technical excellence. The distinctive use of ‘io’ throughout the Symbiont identify is supposed to emphasise our laptop science origins and the idea of inputs/outputs.”

“We spotlight the IO within the Symbiont emblem in orange to signify creativity and the colour grey to spotlight our market sophistication. It is rewarding to be among the many first fintech corporations to make use of improvements which have outlined our legacy and left an indelible mark within the business. Symbiont has reinvented good securities to create intelligent markets, as our company motto suggests, and we’re enthusiastic about broadening our market adoption within the 12 months forward.” Silvia added.

About Symbiont

Symbiont is a number one know-how firm targeted on fixing advanced international finance issues utilizing a novel enterprise blockchain resolution. An early pioneer of good contracts and distributed ledger applied sciences, Symbiont’s Meeting™ blockchain is the primary enterprise platform developed to take away operational friction from the life cycle of monetary devices, whereas enabling real-time information sharing with optimum safety and privateness. Based in New York with a worldwide footprint, Symbiont consists of a workforce of capital markets specialists and engineers positioned all around the world with the frequent purpose of making market efficiencies to energy the following era of monetary market innovation.

To study extra about Symbiont, please go to symbiont.io or contact the workforce at [email protected]. Comply with us on LinkedIn and Twitter.

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