8 out of 11 Investment Banks

How we became trusted partners for 8 out of the top 11 investment banks

February 2nd, 2024

Our commitment to cutting-edge Enabling Technology for high-performance trading systems, implemented in investment banks, hedge funds, private equity firms, and exchanges, has not only defined our journey but it has transformed how the world’s largest full-service investment banks operate in an era where investment banks technology is the lifeblood of capital markets.

We’re excited to share how our unique approach, deeply rooted in collaboration and learning, has earned us the trust of 8 of the largest 11 investment banks in the world. Our work also resonates with ambitious middle-market advisers, venture capital sponsors, and technology investment banks that prize innovation, speed, and reliability.

1. Transforming Clients into Experts: Our Knowledge Transfer Philosophy

Underpinning our entire client engagement is the effective knowledge transfer of best practices that have been refined through decades in the investment banking industry.

We empower clients to build and maintain their own trading systems reliably, easily and quickly by:

  • Providing the infrastructure that works around the code we co-build and test with clients, delivering the deterministic low-latency foundation that modern technology investment banking and tech IB desks expect.

  • Our infrastructure illustrates independent deployability, with clear contracts between each component, ensuring clients understand how to run and maintain their system through deterministic testing—an essential capability for any bank’s technology stack.

  • This optimises performance, simplifies maintenance, and reduces accidental complexity by addressing major challenges upfront, freeing senior bankers and technologists to focus on higher-value corporate finance, mergers & acquisitions, and capital raising mandates.

  • Enabling senior bankers and quant developers to concentrate on revenue-generating activities such as debt-equity structuring, portfolio company analytics, and exclusive financial advisor engagements across the technology media telecom (TMT) landscape.

This holistic methodology aligns perfectly with the way investment bankers evaluate operational efficiency and scalability when advising on venture capital rounds, closed deals, or exit opportunities.

Our ultimate goal? Clients succeeding without needing us daily within three months of going into production. This rapid self-sufficiency mirrors the pace at which tech companies, fintech start-ups, and asset management firms must iterate to stay ahead in the technology sector.

2. Crafting Maintainable High-Performance Applications

We focus on business-driven development by creating systems that are driven by clients’ specific business needs. This approach ensures automated verification leading to only necessary developer actions, perfectly complementing the agile demands of investment banking services, capital markets trading, and advisory workflows.

We go faster by doing less:

  • Our workshops are created with accessibility and ease in mind by simplifying business logic with a low-code sandbox (~ 12k lines of code), abstracting it from infrastructure complexities while supporting the rapid prototyping often required in technology investment and venture capital environments.

  • We employ a no-code approach for data-driven testing (~ 80 % generated), enabling easy test case design and execution, a capability that resonates strongly with banking technology teams focused on continuous integration and deployment.

  • We offer a simpler solution that will satisfy clients’ latency, throughput and scalability requirements, ensuring they can compete effectively in fast-moving markets such as media telecom TMT and high-growth software.

  • By shortening release cycles, we accelerate time-to-value for technology companies preparing for IPOs, strategic mergers & acquisitions, or sizeable capital raising initiatives—crucial milestones for their venture capital and private equity backers.

We deeply understand the trade-off between efficiency and maintainability and have developed proven strategies to make applications as intuitive and maintainable as possible.

For example, the diagram below shows Chronicle FIX with consistent latencies well into the 99.99 %.

We optimise performance where necessary, but always with a keen eye on practicality. Our approach isn’t just about solving problems; it’s about enjoying the journey of innovation and continuous improvement—values shared with technology investment bankers who rely on data-driven insights, artificial intelligence, and robust financial modeling. See StoneX Case Study.

3. World Leading with Open-Source Products

We have a suite of world-class and widely tested open-source products, including Chronicle Queue, that are at the forefront of tackling low-latency and observability challenges in microservices.

These products are downloaded from over 250 K different IP addresses monthly* and used in over 80 % of banks and major financial institutions globally. Their adoption extends beyond bulge-bracket firms to agile middle-market advisors, specialist technology investment banks, and innovative fintech start-ups operating across software, media, telecom, and broader TMT segments.

These are more than tools; they reflect our commitment to knowledge sharing and collaboration. Thanks to our open-source beginnings, many of our clients are familiar with the quality of our products before they officially become our partners—often well before the first advisory services engagement or closed deal is announced.

4. Best Practice from Decades of Financial Technology Experience

Each Chronicle product expert has over three decades of experience building trading systems in the finance sector, bringing unmatched depth to the understanding and resolution of complex performance issues that affect investment banks, asset management firms, and corporate finance boutiques alike.

Based on decades of experience, our experts have built best practices that solve all the hardest problems upfront so that going into production is an anti-climax. See Tier 1 Bank Case Study.

Despite the focus on speed, we prioritise maintainability and ensure clarity within our systems. This is achieved by:

  • Maintaining simplicity – despite initial effort for developers, this is required to achieve optimal system performance and satisfy the stringent service-level objectives of capital markets and investment banking technology teams.

  • Embedding readability – code is transparent and comprehensible to perform only necessary tasks linked to business needs, enabling faster investment banking exit processes and smoother post-merger integrations.

  • Our libraries are designed for portability and run seamlessly on MacOS, Windows, and Linux environments, an essential requirement for global banking industry participants that operate heterogeneous infrastructure.

  • We emphasise modularity and testability to guarantee that each component operates only as required, enhancing the overall reliability and effectiveness of systems while supporting future-proof initiatives in artificial intelligence, risk analytics, and technology investment.

  • Leveraging advanced tooling – including automated regression, sophisticated financial modeling, and scenario analysis engines that support senior bankers during live deal execution and due diligence.

At Chronicle Software, we’re not merely building state-of-the-art low-latency software; we’re forging enduring relationships and cultivating expertise that stands resilient through time. Each client’s journey with us is a vivid story of shared passion, continuous learning, and genuine enjoyment. Our technology-first mindset complements the strategic objectives of investment bankers who seek to harness artificial intelligence, data analytics, and real-time risk management to unlock new business models across global capital markets.

Together, we craft experiences that embody excellence and kindness, allowing us to thrive through a collaborative spirit.

We invite you to join us on this journey as we collectively redefine what’s possible in finance technology and set new standards for investment banks technology worldwide.