27 November 2014

Nyse Technologies launches OpenMama Enterprise Edition

28 November 2012  |  1271 views  |  0 Source: Nyse Technologies

Nyse Technologies, today announced the launch of the OpenMama Enterprise Edition as a part of its Open Platform which also features the Open Market Data Model (OpenMDM) and an upcoming OpenMama Enterprise Edition certification program.

The OpenMAMA Enterprise Edition is a commercial offering that is a fully supported, tested and certified distribution of the industry standard Open Source Middleware Agnostic Messaging API (OpenMAMA[1]). It provides an open, vendor-neutral integration layer for a variety of middleware systems, including NYSE Technologies Data FabricSM. The enterprise edition will also feature a certification program, due to be completed in the first quarter of 2013, whereby third party middleware and applications will be validated, guaranteeing compatibility and support.

The NYSE Technologies Open Platform enables users, vendors, and competitors to mutually benefit from a set of common standards and implementations through three key components: OpenMAMA, OpenMDM, and soon the OpenMAMA Enterprise Edition certification program. OpenMAMA, the backbone of the Open Platform, was open sourced by NYSE Technologies as of October 31, 2011 and is hosted by the Linux Foundation.

NYSE Technologies Open Platform Delivers:

• Premium data content and quality
• Increased flexibility through vendor compatibility
• Enhanced cost effectiveness

"Through our enterprise distribution and third party certification program we are working with our customers, partners and competitors to create the best solutions for our clients on an open, multi-vendor platform," said Don Henderson, CTO of NYSE Technologies. "The NYSE Technologies Open Platform demonstrates our commitment to promoting and operating a marketplace where success is driven by innovation, value and quality through collaboration."

Industry Support of OpenMAMA itself has increased dramatically in the last six months with the availability of a number of new middleware bridges for: Exegy, Bloomberg's open API (from Tick42), AMQP Qpid (from Red Hat), RAI Technologies, and IBM which is currently developing a middleware bridge for its WebSphere Front Office product. Red Hat, the world's leading provideer of open source solutions, wrote and open sourced the Qpid middleware bridge. IBM, which is currently writing a WebSphere Front Office bridge, has stated its intention to certify on the NYSE Technologies OpenMAMA Enterprise Edition in 2013.

"We are very excited to see NYSE Technologies embrace open source as the basis for their open platform and leading the financial services industry to a more open and collaborative way of doing business," said Brian Stevens, CTO, Red Hat. "OpenMAMA, with Apache Qpid Proton, has the potential to be industry changing for the market data distribution business and we are happy to support this initiative."

"The OpenMAMA project allows NYSE Technologies and other project contributors to collaborate in an open environment on common technologies that accelerate innovation in the financial services industry," Jim Zemlin, executive director at The Linux Foundation. "This collaborative development enables companies like NYSE Technologies to deliver new messaging technologies to its customers even faster and with more industry support. The work being done by a range of project contributors is enhancing the value of the project for all."

NYSE Technologies will continue to invest in the Open Platform by expanding its potential through the Open Standard Data Model, and by encouraging third parties to adopt and support the Open Platform, and certifying them on the OpenMAMA Enterprise Edition. 

[1] OpenMAMA: A high performance Middleware Agnostic Messaging API that provides a consistent abstraction layer over a variety of message oriented middleware. It enables companies to protect their technology investments, reduce costs, avoid API/vendor lock-in and remove the friction involved in implementing new trading technology solutions, through a simple, consistent, and now open, API. 

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