Cloud9 partners with OpenFin for voice trading API deployment

By Pavithra R

New York-based Cloud9 Technologies, a cloud-based communication solution for the financial markets has announced that the company has partnered with OpenFin, the operating system (OS) of finance to streamline the deployment of Cloud9’s voice trading APIs for institutional traders.

Through the partnership, Cloud9 and OpenFin are soaring up the focus on mobility and universal access to the virtual trading floor to empower firms with the optionality and flexibility they seeking in their daily workflows. The collaboration enables customers to connect to Cloud9’s voice collaboration platform seamlessly. Internal applications, as well as applications in the OpenFin ecosystem, can choose Cloud9’s voice metadata via API’s exposed on the OpenFin message bus.

“The profile of today’s institutional trader is evolving, and what they need is anytime, anywhere access without being tied down to a single trading desk. By teaming up with OpenFin, we’re allowing individuals to easily work from the trading floor or from any remote location they choose,” said Brian Hunt, Chief Administration Officer and Head of Partnerships at Cloud9 Technologies.

As the demand for voice trading solutions are continuously escalating across the institutional marketplace, the partnership between the companies expects to empower and connect industry professionals both on and off the trading floor.

“The industry is working to adapt to the new work environment and Cloud9’s communication capabilities are needed now more than ever. Connectivity to the Cloud9 platform will help our many mutual customers improve productivity and streamline their workflows” said Mazy Dar, Chief Executive Officer and Co-Founder of OpenFin.

Recently, IPC formed a strategic partnership with OpenFin to build Voice App store.

“As long-time supporters of both OpenFin and Cloud9, we view this strategic partnership as critically important to developing a more unified solution for the voice trading community. We look forward to a continued partnership with companies like OpenFin and Cloud9 to drive industry standards and collaboration to advance our digital capabilities, for both our own colleagues and our clients,” said Kester Keating, Head of US Investments at Barclays Investment Bank.

Founded in 2010, OpenFin is a provider of the operating system of finance to modernise desktops and accelerate innovation. Its investors include Bain Capital Ventures, DRW Venture Capital, Barclays, CME Ventures, J.P. Morgan, HSBC, NYCA Partners, Pivot Investment Partners, and Wells Fargo among others.