Financial technology company ChartIQ, today unveiled a new company name and logo, Cosaic, bringing together its charting software, ChartIQ, and smart desktop platform, Finsemble, under one brand.
The firm said the name reflects the company vision of client collaboration and problem-solving, while solidifying its reputation as a workflow solution provider.
“As a multi-product company, and as the excitement about smart desktop technology and desktop interop continues to grow, we realize we have become much more than a charting company. We felt a rebrand is in order to reflect our commitment to inventing new and efficient ways to work,” Dan Schleifer, CEO and co-founder at the company said.
The firms flagship product, Finsemble, and charting solution, ChartIQ, will be housed together under the Cosaic umbrella and include a comprehensive set of technologies that promote application interoperability and create effective, action-oriented workflows.
Addressing workflow across clients’ operations
“For almost a decade we’ve championed the use of web technology to improve user experience, efficiency, and effectiveness across capital markets,” Schleifer said. “In the future, Cosaic will offer an even broader set of technologies to address workflow across our clients’ operations.”
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Cosaic also announced that Eugene Sorenson will now serve as chief product officer.
“His decades of experience, from managing product strategy for foundational applications (including charts and graphics) to spearheading Bloomberg LaunchPad, gives him unparalleled expertise in both financial charting and desktop interoperability,” the firm stated.
Driving business growth and product innovation
With his Sorenson’s guidance, Cosaic plans to double down its efforts to drive business growth and product innovation.
“In the future, we’ll see much more collaboration occurring in fintech, with more open-source projects and the adoption of FDC3 standards,” commented Sorenson. “We’ll see application providers focused on interoperability as the de facto standard because we can no longer work in disparate workspaces. Cosaic brings together best-in-breed applications allowing clients to build smart desktop solutions for their end users. We help our clients focus on their core competencies, not re-engineering and integrating their applications. Cosaic is here to lead the charge.”
Cosaic will continue to operate its global offices in New York, London, and Hong Kong, with headquarters in Charlottesville, Virginia.
Founded in 2012 and based in Charlottesville, Virginia, Cosaic has over 300 global customers, including Yahoo! Finance, E*TRADE, Charles River, and Fidessa. The company has offices in New York, London, and Hong Kong.