About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Chronicle Software Releases Market Data, Stripped Back Messaging Microservices

Subscribe to our newsletter

Chronicle Software, which provides Java-based microservices for the capital markets space, has expanded its line of native C++ libraries and microservices to include a market data distributor and a stripped-back version of its Chronicle Queue persisted messaging solution. The two new capabilities – one at the application level and the other at the framework level – are interoperable with the company’s existing Java product set, allowing sharing of persisted data between the two languages at very low latencies.

Chronicle Software is a specialist provider of low-latency technology solutions for capital markets. The company – founded by CEO Peter Lawrey, a developer/architect with a track record of high-performance trading technology deployments at Reuters, Cantor Fitzgerald/eSpeed, RBS, UBS Investment Bank, Barclays Capital, Edge CI, Plus Markets and Millennium Capital Partners – has developed a core library of reusable modules to develop custom solutions based on clients’ individual requirements. The Chronicle team’s experience extends to delivery of trading technology across multiple asset classes, including FX, rates and equities.

In its latest round of releases, Chronicle has launched its Market Data Distributor microservice, which has been designed to consume and distribute live market data across a number of concurrent consumer applications. The company says that, in its experience, “efficient and effective market data distribution poses one of the most significant challenges within our clients’ organisations, given the high frequency of updates, and the sheer volume of data to be consume, distributed, stored and maintained.”

Recognising the time-critical nature of these dependencies to trading activity, and the potential for conflicts created by large volumes of data, Chronicle says the product ensures that consuming applications always capture the latest information available and has inbuilt resilience against consuming processes hanging or exiting.

At the same time, Chronicle has released Queue Zero, a stripped-back version of its Chronicle Queue persisted messaging solution. Queue Zero has been designed in conjunction with Chronicle’s most latency-sensitive clients, to offer the core stability of the Queue product alongside multiple language functionality, allowing systems to share persisted data between Java and C++ processes.

According to Lawrey, “There are two major factors behind our development of a C++ version of our products, one being interoperability between the two languages, allowing systems to share persisted data between C++ and Java in a low-latency environment, and the second one being the latency improvements that can be gained by deploying C++. Clients have seen latency gains of up to 80% over our standard Chronicle Queue, in benchmarked performance tests – a performance improvement that speaks for itself.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

17 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline...

BLOG

From Monolithic to Agile Architectures in High-Performance Trading Systems

In this special episode of FinTech Focus TV, filmed live at TradingTech Summit 2025 in Canary Wharf, Toby sits down with Jon Butler, Co-Founder & CEO at Velox, to explore the evolution of trading technology. From the rise of buy-and-build models to the real impact of AI and automation, Jon shares insights on what’s shaping...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...