This partnership aims to facilitate compliance with financial services regulations through better visibility and auditability
LONDON, Feb. 29, 2024 /PRNewswire/ — Appian (NASDAQ:APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to embed auditable, compliance-enabled omnichannel communications on popular platforms into their workflow for increased efficiency and transparency.
The use of non-compliant messaging platforms by financial institutions has resulted in billions of dollars of regulatory fines. Trusted by over a thousand financial institutions worldwide, Symphony provides secure, compliance-enabling business communication. The Appian Platform makes it easy for firms to automate their processes with AI, reduce risk, and reach new levels of efficiency, eliminating data silos and ensuring every workflow is secure and compliant.
“Appian and Symphony are committed to making banks more resilient during a time of exponentially increased regulatory pressure and economic uncertainty,” said Michael Beckley, Founder and Chief Technology Officer at Appian. “Combining process efficiency with a tool that …