Cloud9 chooses OpenFin to strengthen “virtual trading desks”
NEW YORK, July 1, 2020 – Cloud9 Technologies (âCloud9â), a leader in cloud-based communications, has partnered with OpenFin, the operating system (OS) for finance, to streamline API deployment for Cloud9 voice trading for institutional traders. By placing more emphasis on mobility and universal access to the virtual trading room, Cloud9 and OpenFin reinforce the optionality and flexibility that companies seek in their daily workflows.
The partnership allows customers to seamlessly connect to the voice collaboration platform specifically designed for Cloud9. Internal applications as well as applications in the OpenFin ecosystem can easily leverage the robust voice metadata of Cloud9 through APIs exposed on the OpenFin message bus.
âAs long-time supporters of OpenFin and Cloud9, we see this strategic partnership as extremely important in developing a more unified solution for the voice commerce community. We look forward to continuing to partner with companies like OpenFin and Cloud9 to promote industry standards and collaboration to advance our digital capabilities, both for our own colleagues and our customers, âsaid Kester Keating, Head of US investments at Barclays Investment Bank.
As the appetite for enterprise-wide voice trading solutions continues to grow in the institutional market, Cloud9 and OpenFin’s partnership empowers and connects industry professionals both on and off the market. the trading room.
âThe profile of institutional traders today is changing and what they need is anytime, anywhere access without being tied to a single trading desk,â said Brian Hunt, Managing Director of administration and responsible for partnerships at Cloud9 Technologies. âBy partnering with OpenFin, we make it easy for individuals to work from the trading floor or any remote location of their choosing.
âThe industry is struggling to adapt to the new work environment and Cloud9’s communication capabilities are needed more than ever. Connectivity to the Cloud9 platform will help our many common customers improve their productivity and streamline their workflows, âsaid Mazy Dar, CEO and co-founder of OpenFin.
Cloud9 and OpenFin have significantly grown their businesses during the last quarter. Since March 1, Cloud9’s user base has grown by over 50% as OpenFin runs over 1,200 apps in over 1,500 banks and purchasing companies.
About Cloud9 technologies
Cloud9 Technologies is the leading voice communication and analytics platform designed for the unique needs of the financial markets. Cloud9 has developed a solution that harnesses the communication path of voice communication for the trading floor of the future, delivering more functionality and analytical insights than existing hardware at a fraction of the cost. Cloud9 connects counterparties of all asset classes through a cloud-based communications platform that eliminates the infrastructure and expense associated with legacy hardware and telecommunications solutions, with front-end-driven data and transcription -office, specially designed for financial markets. For more information, visit www.c9tec.com.
Hurry up. Don’t break anything. OpenFin is the operating system for the financial industry, enabling fast and secure deployment, a native experience and workstation interoperability. Used by the industry’s biggest players through to the latest FinTech innovators, OpenFin deploys over 1,200 desktop applications to over 1,500 businesses on the buy and sell side. OpenFin investors include Bain Capital Ventures, Barclays, DRW Venture Capital, HSBC, CME Ventures, JP Morgan, NYCA Partners, Pivot Investment Partners and Wells Fargo, among others. The company is based in New York with offices in London. For more information, visit https://openfin.co.