Why Is Productivity with Cincom Smalltalk a Key Factor for JPMorgan?

“A key factor that has justified using Cincom Smalltalk, above and beyond the technical capabilities that it offers, is the productivity that it has delivered.”

JPMorgan Chase is a global financial services firm that serves capital markets around the world. With $2.45 trillion in assets and a Dow Jones Industrial Average component, capabilities include investment banking, research, private equities, investment management, private banking, and treasury and security services.

JPMorgan created Kapital, the world’s most advanced financial risk-management and pricing system that supports Interest Rate Hybrids and Credit Hybrids trades, using Cincom Smalltalk. It enables hybrid derivative businesses to easily and simply trade large volumes of highly complex financial instruments.

JPMorgan chose Cincom VisualWorks over other mainstream development languages, including Java. 

“A key factor that has justified using Cincom Smalltalk, above and beyond the technical capabilities that it offers, is the productivity that it has delivered. … 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.”

JPMorgan 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 by developing Kapital with Cincom VisualWorks.

• Read more about how Cincom Smalltalk helps JPMorgan be more productive here.