SYMBIONT UNVEILS REFRESHED BRAND TO HIGHLIGHT ROOTS OF TECHNOLOGY AND FINTECH LEADERSHIP BUILDING GLOBAL MARKETPLACE INFRASTRUCTURE OF THE FUTURE

Adds a new icon to the visual identity highlighting Blockchain’s private technology platform focused on risk reduction, privacy and operational efficiency

NEW YORK, September 13, 2022 /PRNewswire/ — Symbiont, Inc., a technology pioneer solving complex global financial problems using enterprise blockchain solutions, today announced a rebrand to underscore its fintech leadership as a one of the pioneers of enterprise blockchain. The company unveiled a new visual identity introducing an icon to its logo highlighting its proprietary technology platform, which focuses on risk reduction, privacy and operational efficiency.

The brand refresh comes at a time of evolution and maturity of blockchain technology within the financial services industry as a whole. For Symbiont in particular, the brand refresh marks a new phase of growth following the official launch of its smart warranty product with Vanguard and State Street in December 2021 to bring post-trade workflow automation, as well as the expansion of its leadership and an upcoming new version of its sophisticated and private assembly platform. Symbiont’s Assembly Platform Continues to Evolve, Improving Simplicity, Flexibility, Stability, and Overall Performance to Maintain Its Innovative Status as the Leading Private Enterprise Blockchain Platform for Financial Institutions .

Mark Smith, co-founder and CEO of Symbiont, said, “When my co-founders and I created Symbiont, the idea was to develop a technology company that would represent the ‘symbiotic’ relationship between new, decentralized technology within traditional financial markets and emerging technology. Eight years later, I’m thrilled that we’ve successfully created distributed ledger blockchain and smart contract technology within our custom authorized technology platform, designed with the goal of solving traditional capital markets problems. . »

“Today’s rollout of our new brand identity is a nod to our team and the assembly platform we’ve created using secure, risk-averse fintech solutions to solve problems. complex issues for banks, asset managers and financial markets The Symbiont team of engineers and financial services experts have developed solutions to solve market problems in the foreign exchange, data, post-trade and fixed income securities, with the aim of building the common market infrastructure of the future Smart adoption of collateral products to automate back-office and regulatory operations to minimize counterparty risk/ credit,” he added.

Silvia Davi, Director of Marketing and Communications at Symbiont, commented: “Symbiont was one of the first visionaries within the fintech community and one of the first to use blockchain technology as a solution to replace outdated systems and solve complex market problems. Our rebrand emphasizes our roots while introducing a new block icon into our visual identity to underscore our focus on security, problem solving, decentralization and connectivity. Our CEO, CTO, myself and many other members of the Symbiont team were part of the electronicization within financial services early in our careers and today our mission is to usher in a new phase of market infrastructure technology solutions to reduce risk and cost in back-office and post-trade operations.”

Chuck Ocheret, Chief Technology Officer of Symbiont, said, “Our brand refresh aligns with the next generation of Symbiont’s assembly platform. It’s our most advanced release to date, continuing to raise the bar for innovation and technical excellence. ‘ in the Symbiont name is intended to emphasize our origins in computing and the concept of input/output.”

“We highlight the IO in the Symbiont logo in orange to represent creativity and the color gray to highlight our sophistication in the marketplace. It is rewarding to be among the first fintech companies to use innovations that have defined our heritage and left an indelible mark on the industry.Symbiont has reinvented smart titles to create myselfsmart marketsas our corporate motto suggests, and we are excited to expand our market adoption over the coming year,” Silvia added.

About Symbiont

Symbiont is a leading technology company focused on solving complex global financial problems using a new enterprise blockchain solution. A pioneer in smart contracts and distributed ledger technologies, Symbiont’s Blockchain Assembly™ is the first enterprise platform developed to remove the operational frictions of the lifecycle of financial instruments, while enabling real-time data sharing with a optimal security and privacy. Founded in New York with a global footprint, Symbiont is comprised of a team of capital markets experts and engineers located around the world with the common goal of creating market efficiencies to power the next generation of innovations in financial markets.

To learn more about Symbiont, visit symbiont.io or contact the team at [email protected]. Follow us on LinkedIn and Twitter.

Press contacts:[email protected] Tel: 646-637-5924

Quote View original content to download multimedia: https://www.prnewswire.com/news-releases/symbiont-unveils-brand-refresh-to-underscore-technology-origins–fintech-leadership-building-global-market- infrastructure-of-the-future-301622617.html

SOURCE Symbiote



Source link

Comments are closed.