Virgina-based fintech startup, ChartIQ, which caters to capital markets firms with its trading-related and charting technology solutions, today announced that it has upgraded its technical charting platform to W3C standard Web Components, according to an official company statement .
The W3C standard Web Components provide a modern approach to HTML5 web development, as many of the company’s products are based on the highly responsive HTML5 technology which appeals to browser-based web and mobile apps.
ChartIQ had raised a Series A financing round of $4 million as reported by Finance Magnates earlier this year, and the firm already provides its solutions to companies such as Nasdaq, StockTwits, and eToro, among other clients.
Web components update
For its Web Components standard, W3C published two new drafts to its w3.org website last week, including Custom Elements, and Shadow Dom – which provides ways for the code to maintain boundaries between DOM subtrees including how these subtrees interact with each other within a document tree.
For ChartIQ, the company has highlighted on a number of occasions the prospective benefits for clients to use its HTML-based charting technology, which it just enhanced with the latest W3C web components upgrade.
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Web Components delivers on the promise of flexibility, reusability and interoperability that has been missing in modern web development.
The upgraded solution will enhance ChartIQ’s financial charting library, by making it supported by Web Component architecture.
ChartIQ CEO Dan Schleifer said in a statement: “Our customers are transitioning to HTML5 software stacks. It makes sense to work with the latest technology, Web Components, because of their tremendous and inherent advantages.”
Mr. Schleifer added: “Web Components delivers on the promise of flexibility, reusability, and interoperability that has been missing in modern web development.”
As technology components become increasingly interoperable, working alongside other components from various vendors or third-parties in a cross-compatible manner, the appeal of solutions such as Web Components can benefit developers and the resulting users of related products.