Symphony, the communications provider for banks set up to rival Bloomberg, just doubled its hiring plans for 2020 as the pandemic prompted a surge in demand from financial workers stuck at home.
From December to October, the platform saw a 300% spike in messages sent using the tool, while meetings jumped 380%, the company told Financial News. A Symphony spokesperson said that 535,000 workers from 360 financial services companies were using the platform by late October, with a 32% uptick in monthly active users.