JP Morgan
Goals:
- Leverage JP Morgan’s success, which is based on the time-to-market of new products.
- Scale up products in the market to gain significant market share.
Challenge:
Provide a development environment that:
- Accommodates the highly complex nature of JP Morgan’s derivative products.
- Provides unparalleled productivity to stay ahead of the competition.
- Has the scalability to be deployed to support extremely high trading volumes.
Solution: Cincom® VisualWorks®
Results:
- The Smalltalk-developed Kapital system has enabled JP Morgan to be the market leader.
- JP Morgan estimates that Smalltalk is three times more productive than other languages, which allows them to consistently beat the competition.
- Revenues from the business that Kapital supports contribute an extraordinary percentage of JP Morgan’s total revenues.