SYMBIONT UNVEILS THE BRAND TO UNDERSTAND TECHNOLOGY EXPERIENCE AND FINTECH LEADERSHIP BUILDING THE GLOBAL MARKET INFRASTRUCTURE OF THE FUTURE
Adds new icon to visual identity emphasizing private blockchain technology platform with focus on risk reduction, confidentiality and operational efficiency
NEW YORK, 13 September 2022 /PRNewswire/ — Symbiont, Inc., a technology pioneer solving complex global financial problems using enterprise blockchain solutions, today announced a brand refresh to emphasize its fintech leadership as one of the pioneers of enterprise blockchain. The company unveiled a new visual identity that introduced an icon to the logo highlighting its proprietary technology platform, which focuses on risk reduction, confidentiality and operational efficiency.
The brand update comes at a time of development and maturity of blockchain technology within the financial industry in general. For Symbiont specifically, the brand update marks a new phase of growth following the official launch of its smart-collateral product with Vanguard and State Street in December 2021 to bring post-trade workflow automation, along with the expansion of management, and an upcoming new release of its sophisticated and private Assembly platform. Symbiont’s Assembly platform continues its evolution, improving simplicity, flexibility, stability and overall performance to maintain its innovation status as the leading private enterprise blockchain platform for financial institutions.
Mark Smithco-founder and CEO of Symbiont commented: “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 am pleased that we have successfully created a distributed ledger blockchain and smart contract technology within our proprietary technology platform, built for the purpose of fixing problems with traditional capital markets.”
“Today’s rollout of our new brand identity is a nod to our team and the Assembly platform we created using risk-averse, secure fintech solutions to solve complex problems for banks, asset managers and financial marketplaces. The Symbiont team of engineers and financial markets. service experts has developed solutions to solve market problems in the foreign exchange, data, post-trade and fixed income markets, with a goal of building the common market infrastructure of the future. automate back office and regulatory operations to minimize counterparty/credit risk,” he added.
Silvia DaviThe Chief Marketing & Communications Officer of Symbiont commented, “Symbiont was an early visionary in 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 brand refresh emphasizes our roots while introducing a new block icon for our visual identity to emphasize our focus on security, problem solving, decentralization and connectivity Our CEO, CTO, myself and many other Symbiont team members were part of the electronicization of financial services early in their careers and today are our mission to introduce a new phase of market infrastructure technology solutions to reduce risk and cost in back-office, post-trade operations.”
Chuck Ochersaid Chief Technology Officer at Symbiont, “Our brand refresh aligns with the next generation of Symbiont’s Assembly platform. This is our most advanced release to date and continues to raise the bar for innovation and technical excellence. The unique use of ‘io’ within The Symbiont name is intended to emphasize our computer science origins and the concept of inputs/outputs.”
“We highlight IO in the Symbiont logo in orange to represent creativity and the color gray to highlight our market sophistication. 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 securities to make inintelligent marketsas our motto suggests, and we are excited to expand market adoption in 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. An early pioneer in smart contracts and distributed ledger technology, Symbiont’s Assembly™ blockchain is the first enterprise platform designed to remove operational friction from the lifecycle of financial instruments, while enabling real-time data sharing with optimal security and privacy. Founded in New York with a global footprint, Symbiont is composed of a team of capital markets experts and engineers located around the world with the common goal of creating market efficiencies to drive the next generation of financial market innovation.
To learn more about Symbiont, please visit symbiont.io or contact the team at [email protected]. Follow us on LinkedIn and Twitter.
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