ChartIQ

Market position

ChartIQ has been described as an HTML5-based financial charting provider serving banks, brokerages, financial portals, trading platforms and research and analytics providers; at the time of the 2019 Series B an investor characterized it as a mature, revenue-producing company positioned for continued leadership in an expanding market. S&P Global Market Intelligence acquired it to strengthen the charting capabilities of its Capital IQ Pro desktop workstation.

The library is positioned around highly interactive charting — fast panning and zooming, user-added studies and comparison symbols, and rapid symbol switching — with no external library dependencies, framework-agnostic compatibility, a W3C web components UI framework, Section 508 accessibility compliance, and the ability to combine vendor-supplied data with proprietary content, alternative datasets or analytics.

Technology

The core product is an ES5-based JavaScript charting engine with an ES6 web components UI layer supporting Web Components Version 1, designed to run on current release versions of major browsers on Windows, macOS, Android and iOS. It requires no external dependencies, works with React, Angular and Vue, supports module bundlers and tree shaking, and offers iOS and Android SDKs plus WebView/container integration. Features include chart styles (line, candle, mountain and others), aggregation-based chart types (Heikin Ashi, Kagi, Point & Figure), CSS and programmatic styling, API injections, custom studies, markers, localization and time zone handling, and data integration via static data, quotefeeds and streaming feeds.

Go-to-market

The company sells business-to-business software licenses to financial firms and platform vendors, supported by developer-facing SDK documentation, tutorials, JSFiddles, GitHub sample projects, demo sites and prototype data integrations (for example a demo powered by S&P Market Intelligence datasets) used to show product capabilities to prospective clients.

Banks, brokerages, financial portals, trading platforms, research and analytics providers, cryptocurrency exchanges and trading firms, and application developers embedding charts in web, mobile and desktop products.

Geography

Headquartered in Charlottesville, Virginia, United States, with employees globally and documentation available in English and Chinese.

History

The company was founded in Charlottesville, Virginia, with Finance Magnates and Seedtable citing a 2012 founding by Dan Schleifer, Megan Read and Terry Thorsen. It raised a $17.4 million Series B in February 2019, by which point it reported having raised over $20 million since founding and employed 50 people globally. The business later operated under the name Cosaic, encompassing both the ChartIQ visualization unit and the Finsemble desktop interoperability platform. In December 2022 Cosaic agreed to sell ChartIQ to S&P Global Market Intelligence, closing January 1, 2023, and simultaneously spun off Finsemble as a standalone company backed by a new funding round; the Cosaic brand was retired.

Risks & controversies

Founding-year information is inconsistent across sources, with public write-ups citing 2012 while other records cite 2014. Terms of the S&P Global acquisition and the size of the Finsemble spin-off funding round were not disclosed.