™ Helps JP Morgan Consistently Beat Their Competition | try.cincomsmalltalk.com
Summary
JP Morgan Chase is a leading financial services firm serving capital markets throughout the world. The firm provides a full range of investment banking and commercial banking products and services, including advising on corporate strategy and structure, capital raising in equity and debt markets, sophisticated risk management, and market-making in cash securities and derivative instruments in all major capital markets. JPMorgan has developed Kapital, the world’s most advanced financial risk management and pricing system. JP Morgan chose Cincom VisualWorks over other main-stream development languages, including Java. Dr. Colin Lewis, Vice President at JP Morgan, comments, “… We have estimated that if we had built Kapital in another language, such as Java, we would require at least three times the amount of resources to develop and maintain the application.” Using Cincom VisualWorks to develop Kapital, JP Morgan met the challenge of finding a development environment that deals with the complexity of its derivative products, delivers unparalleled productivity to stay ahead of the competition and offers the scalability to support extremely high trading volumes.
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