Case Study: CMG achieves enterprise-scale capital markets workflows with OAK'S LAB

CMG scales to 140+ buy-side clients with OAK'S LAB

CMG, a fintech startup connecting participants in U.S. equity capital markets, needed to overhaul its unstable MVP into a secure, scalable enterprise-grade platform suitable for financial institutions. Their challenge involved critical issues with performance, security, and workflow inefficiencies that were unsuitable for their rigorous requirements. They partnered with OAK'S LAB for software engineering and staff augmentation to address this.

OAK'S LAB assembled a dedicated team to refactor the codebase, harden security, and build new core products using React.js. The solution included the development of CMG XC™ for workflow management and CMG DataLab™ for real-time analytics. As a result, CMG's platform now supports over 140 buy-side firms managing more than $40 trillion in assets and 20 sell-side partners covering 70% of U.S. market activity. OAK'S LAB also helped scale CMG's internal engineering team to over 25 people, establishing the company as a market leader.

CMG