17 October 2017

Lehman standardises on Tibco middleware

20 November 2000  |  1513 views  |  0 Lehman standardises on Tibco middleware

Lehman Brothers is to use Tibco's ActiveEnterprise middleware for global straight-through processing. The technology is being implemented enterprise-wide in a bid to streamline data flows across trading, risk management, settlement and proprietary real-time systems.

Bob Schwartz, chief technology officer for Lehman Brothers says the Tibco technology will provide the firm with common middleware for its market data infrastructure "as well as a strategic tool to be used in implementing inter-application communication".

Lehman Brothers recently purchased 1500 positions of Reuters 3000 Xtra, Reuters flagship market data delivery service. Tibco ActiveEnterprise provides the underlying message switching software that delivers information to Reuters 3000 Xtra and other desktop applications used in Lehman offices worldwide.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Brief: Reuters clinches prestige Lehman contract

Brief: Reuters clinches prestige Lehman contract

04 October 2000  |  2923 views  |  0 comments
Reuters Lab offers simulated trading environment

Reuters Lab offers simulated trading environment

02 October 2000  |  2977 views  |  0 comments
Tibco deal with Nokia opens up mobile arena

Tibco deal with Nokia opens up mobile arena

29 September 2000  |  2985 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.capgemini.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14740 views comments | 12 tweets | 3 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8114 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7371 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
6684 views comments | 13 tweets | 7 linkedin
Ex-PayPal boss Thompson backs Canadian fintech Payment RailsEx-PayPal boss Thompson backs Canadian fin...
6055 views comments | 10 tweets | 12 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job