Cosaic Partners with Aiera to Launch Interoperability in Digital Finance

Cosaic, a major US-based software development company that offers products like the financial charting software and a smart desktop platform, has announced a partnership with Aiera, an event intelligence and insights platform. The collaboration by the two companies is important as it will enable Aiera to deploy new plug-and-play interoperability powered by Cosaic’s smart desktop platform, Finsemble. Aiera’s components can now integrate such Cosaic’s interoperability capabilities into various applications on its clients’ desktops. In other words, Aiera can use Finsemble smart desktop platform to enable its applications to better sync and share data, improving fostering and efficiency of its intelligent automated workflows. At the heart of such connectivity are FDC3 standards, a common language, and API that applications use to communicate. FDC3 applications can interoperate once installed on desktop platforms like Finsemble.

Dan Schleifer, the CEO and Co-Founder of Cosaic, talked about how such partnership would benefit Aiera’s services delivery to its clients: “Aiera’s offering is incredibly valuable on its own. But, our partnership shows that their offering is even more valuable when it’s an integral part of meaningful workflows. Aiera has fully implemented FDC3 and validated compatibility with Finsemble to ensure their components are plug-and-play for their end-users.”

Furthermore, Schleifer elaborated how such collaboration would help create a new status quo in the wider business offerings. He explained: “For application providers, getting distribution to end-user firms and being integrated into client workflows is key. Supporting FDC3 and validating compatibility with Finsemble, at zero cost to vendors, ensures that their application will work everywhere, across all interop platforms. It’s the new status quo, and Aiera is at the forefront.”

Cosaic Is Responding to the Increased Demand for Open Source Software

The development by Cosaic comes at a time when the financial technology company remains committed to strengthening its brand as a workflow solution provider. The multi-product company has become more than just a charting company. It has seen significant growth of its smart desktop technology and desktop interoperability business offerings. Such growth is attributed to client demands that remain high as business providers are looking for more open-source projects and the adoption of FDC3 standards. Many application providers currently focus on interoperability as the de facto standard as they do not want to work in disparate workspaces.

Cosaic offers quality-in-breed applications that allow clients to build smart desktop solutions for their end-users. The company brings together its smart desktop platform, Finsemble, and its charting software, ChartIQ, under one brand. The brand reflects the company’s problem-solving and client collaboration as a top workflow solution provider. The company’s main products, Finsemble, and charting solution, ChartIQ, provide a comprehensive set of technologies that create effective action-oriented workflows and promote application interoperability. For almost a decade, Cosaic has been promoting the use of web technology to improve user experience effectiveness and efficiency across capital markets. The firm is recognized for its unique expertise in both financial charting and desktop interoperability.