NYSE Technologies recently announced that it has open sourced its Middleware Agnostic Messaging Application Programming Interface (MAMASM), now called OpenMAMA. As a vendor neutral platform driven by the financial services technology community, OpenMAMA enables companies to protect their technology investments and help remove the friction in implementing new trading technology solutions across their technology operations utilizing a simple, consistent API.
Hosted by The Linux Foundation, OpenMAMA is supported by a steering committee of some of the most recognized names in financial services, including J.P. Morgan, Bank of America Merrill Lynch, EMC, Exegy and Fixnetix, among others. This newly open-sourced code establishes a new industry standard delivering greater flexibility and reduced development times with an underlying goal of lowering costs and building broader support for a range of interconnected programs. OpenMAMA offers a robust set of features with unmatched reliability and performance that ensure a uniform, future-proof middleware messaging solution for financial services firms. It is available through the Linux Foundation project today.
NYSE Technologies decision to open the MAMA platform creates an easily accessible architecture and proves its commitment to true strategic partnership with its customers. The benefits of the OpenMAMA platform are further strengthened by NYSE Technologies’ innovative plan to publish an industry-wide standardized data model. As market activity evolves and customer needs change, OpenMAMA will continue to be an open, flexible and efficient means of developing and deploying new, event-driven applications. The first release of OpenMAMA is available now with substantial updates expected through March 2012.
For more information, please visit http://www.openmama.org.