This article examines the OpenMAMA open source initiative and its place in replumbing market data systems, helping end-users to innovate, reduce vendor lock-in and conquer rising costs
This White Paper, sponsored by OpenMAMA, considers the challenges of complex market data infrastructures and argues the case for adopting an open source approach, encouraging an ecosystem of interchangeable solutions, driving quality upwards and costs downwards.
OpenMAMA has retained industry veteran Andrew Miller to help raise awareness of the benefits and increase adoption of the technology.
OpenMAMA Sees Strong Adoption across Financial Services Sector, significantly increases vendor coverage and re-launches with a new advisory group
OpenMAMA is a high performance Middleware Agnostic Messaging API that provides a consistent abstraction layer over a variety of message oriented middlewares. OpenMAMA is an open source project hosted at The Linux Foundation.
Solace make messaging middleware technology that easily and cost-effectively meets the many data distribution needs of financial institutions. Solace’s solution handles low latency market data distribution, guaranteed messaging between back-office applications, WAN distribution and even streaming to web and mobile apps, all with a unified API and administration framework.
|- Qpid Proton
- UPA to TREP
- Bloomberg API
- SR Labs Data Fabric
- Solace Appliance
|- Infomatica UMS
- Redline Inrush
- Exegy API
- RAI Technologies
Get more involved with the new and simplified governance model lowering the barriers to entry for users and financial institutions
Quickly understand the basics of OpenMAMA with our step by step walkthrough of the OpenMAMA example application, mamalistencpp. Learn More
Connect with the OpenMAMA development community over blogs, mailing lists, chat, and events. Learn More
Get access to more detailed documentation on the OpenMAMA and OpenMAMDA APIs, with our detailed API Guides. Learn More
Download the latest OpenMAMA releases for your specific platform. Learn More
Messaging middleware sits at the lowest tier of the enterprise technology stack, making it difficult, expensive and risky to modify adjacent systems and applications. Furthermore as market fragmentation continues and data volumes grow exponentially, firms’ market data environments present some serious obstacles for managers tasked with controlling their departments IT spend with innovating both their applications and their infrastructure.
OpenMAMA solves this problem by providing a mature abstraction layer that allows users to interface with a variety of middleware systems whilst providing a uniform API for all messaging applications. At its core, OpenMAMA has been designed to provide users with the flexibilty to create applications without being concerned about the requirements or structures of an underlying messaging middleware, or the fear of developing software that is heavily coupled to a specific platform.
By providing a consistent, well designed, and open standard, users can eliminate the threat of vendor lock-in by enabling their applications to switch middlewares without lengthy code changes; or port applications between different supported platforms with minimal friction. Using OpenMAMA, investment in development becomes a one off, up front effort, and users can focus their efforts more on building the applications they need, rather than worrying about the tricky internals of middleware semantics.