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There's an app called Symphony which is trying (with some success) to take over the chat aspect from Bloomberg. Their killer feature is privacy - not from your

There's an app called Symphony which is trying (with some success) to take over the chat aspect from Bloomberg. Their killer feature is privacy - not from your institution's compliance dept, but from Bloomberg. Bloomberg's journalists could snoop traders activity on the platform. Understandably banks and traders hate that and so have funded and pushed Symphony instead.

infinite8s 6y ago
Not only that, but banks would no longer have to get BBG accounts for their middle office to be able to communicate with clients (cutting out a huge cost - basically a 25k/person cost for a chat app).