Money.Net partners with Symphony to bring social and analysis platform, Scout

Rick Steves

“The combination of trusted financial data and analytics from Money.Net and a real-time secure communications stack from Symphony levels the playing field for individual investors.”

Money.Net has launched Scout, a web-based financial data and analysis platform featuring ScoutChat, an online chat community delivered by Symphony.

Scout addresses the needs of newer retail investors who face greater market volatility in this decade and require more than a brokerage app to inform their decisions.

Enter Scout, a platform that gives individual investors access to professional-grade investing tools, research, and chat experiences. Featuring AI-based screeners and social sentiment analytics for all asset classes, including crypto, the platform aims to empower individuals to learn, develop, and accomplish their investing goals.

Money.Net’s analytics and Symphony’s online community

Money.Net is a financial data and analytics company that helps investors research, analyze and monitor financial markets in real-time. Its newly launched platform for retail investors, Scout, features  Symphony’s online community of traders, ScoutChat.

ScoutChat will allow retail investors to learn, develop and accomplish their investing goals by leveraging education and research resources in a unique communication ecosystem.

The platform is offered at several levels, allowing individual investors to choose a plan that suits their needs. Scout brings professional grade investing solutions to the retail user community in a cost-effective way.

Vincent Sangiovanni, CEO of Money.Net, commented: “The rise of the retail investor is one of the most inspiring financial stories of the decade. Individual traders now have an unprecedented level of access to the markets, and we are here to support them in their investment journey. We have launched Scout and ScoutChat to empower individual investors with the same level of data, analytics and connectivity that professional investors now rely on.”

Brad Levy, CEO of Symphony, said: “The combination of trusted financial data and analytics from Money.Net and a real-time secure communications stack from Symphony levels the playing field for individual investors. Investors using ScoutChat now have access to a secure, trusted platform where they can communicate with one another creating the opportunity to learn and expand their investing knowledge. We are very pleased with this partnership.”

Last year, Symphony acquired the counterparty mapping platform StreetLinx, which adds over 200 institutional counterparties to the more than 1000 institutions already served by the markets’ infrastructure and technology platform.

The deal allows Symphony to offer “the most complete and secure verified directory in the financial services industry”, as claimed by the firm, which is a key tool in markets as it increases efficiency and reduces risk across the board.

The integration between both platforms is already being deployed, enabling enhanced directory information, entitlement-based connections, and content distribution across trusted counterparties.

The combined solution brings standardization and entitlements to allow professionals to seamlessly connect with the right counterparty, person, or platform.

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