Welcome!

IBM Cloud Authors: Liz McMillan, Elizabeth White, Sematext Blog, Pat Romanski, Carmen Gonzalez

News Feed Item

Financial Services Industry Advances High Performance Messaging With OpenMAMA Project

One-Year Project Milestones Include New Contributions From Red Hat and Tick 42, a Commercial Offering From Exegy, a New Bridge Under Development by IBM, Supported Enterprise Edition From NYSE Technologies

SAN FRANCISCO, CA -- (Marketwire) -- 11/28/12 -- The Linux Foundation, the nonprofit organization dedicated to accelerating the growth of Linux, today announced a variety of one-year project milestones for OpenMAMA that include important new code contributions, a fully open source software stack and the first commercial offering to result from the project.

OpenMAMA is a high performance, open source Middleware Agnostic Messaging API (MAMA) that provides a common, consistent interface for passing data between high volume, low latency messaging applications. Demand for high performance messaging in multiple industries has resulted in a variety of products from a wide range of providers, often leading to complex integration scenarios. The OpenMAMA project is a collaborative effort to develop a common, ultra-high-performance middleware API that connects a variety of message passing applications, reducing integration challenges and speeding time to deployment.

OpenMAMA was announced one year ago and is a part of Linux Foundation Labs, which includes other open source software and collaborative development projects that advance Linux or the Linux ecosystem. Participants in OpenMAMA include Bank of America Merrill Lynch, IBM, EMC, Exegy, Fixnetix, J.P. Morgan and NYSE Technologies, among others.

One-year project milestones for OpenMAMA include:

* Eight software bridges have been developed for the project from a variety of organizations. Bridges enable external applications to pass data through OpenMAMA, eliminating complexity and work when integrating multiple data sources with multiple users and decreasing the difficulty of supporting custom and complex environments. Bridges and contributors include:

  • AMQP implementation of Qpid, written and contributed by Red Hat
  • Avis, written and contributed by NYSE Technologies
  • Bloomberg Open API, written, supported and contributed by Tick 42
  • Data Fabric Multi Verb, written and supported by NYSE Technologies
  • Exegy, written and supported by Exegy
  • LBM, written and supported by NYSE Technologies
  • Rai, written and supported by Rai
  • WebSphere Front Office, under development by IBM

* The OpenMAMA software stack is now completely open source, including a specific API for market data called OpenMAMDA and language support for C, C++, Java, and .Net. This completes the open sourcing process begun by project participants a year ago. From this point forward, all enhancements to the OpenMAMA codebase will come from the open source project, using proven open source development methods.

*The availability of OpenMAMA Enterprise Edition, a commercially supported and certified distribution of OpenMAMA from NYSE Technologies. This new offering is available from NYSE Technologies today as part of its Open Platform. For more information, please visit: http://nysetechnologies.nyx.com/data-technology

"The OpenMAMA project represents how collaborative development can advance technology innovation for an entire industry," said Jim Zemlin, executive director at The Linux Foundation. "In just one year, the project contributors have open sourced and expanded upon a project reduces complexity and cost for financial services companies. OpenMAMA was built for the financial services industry, but the problems it solves are also very applicable to other industries. There's already been interest from companies outside the finance industry, and we look forward to more."

"Red Hat is excited to contribute to The Linux Foundation's OpenMAMA project, which has helped push Apache Qpid's Proton initiative to a working AMQP 1.0 implementation that can be embedded in other applications wishing to support the AMQP protocol," said Brian Stevens, CTO at Red Hat. "AMQP provides an open industry standard protocol for business messaging, allowing for a new type of application development that provides automatic interoperability with other applications at the wire level in both traditional MOM and emerging architectures. We look forward to industry adoption of the OpenMAMA project and anticipate that users of the OpenMAMA AMQP combination will see great cost benefits, as well as the technical benefits provided by AMQP's architecture and design."

To start participating in the OpenMAMA project, please visit: http://www.openmama.org.

About The Linux Foundation
The Linux Foundation is a nonprofit consortium dedicated to fostering the growth of Linux. Founded in 2000, the organization sponsors the work of Linux creator Linus Torvalds and promotes, protects and advances the Linux operating system by marshaling the resources of its members and the open source development community. The Linux Foundation provides a neutral forum for collaboration and education by hosting Linux conferences, including LinuxCon, and generating original Linux research, Linux videos and content that advances the understanding of the Linux platform. Its web properties, including Linux.com, reach approximately two million people per month. The organization also provides extensive Linux training opportunities that feature the Linux kernel community's leading experts as instructors. Follow The Linux Foundation on Twitter.

Trademarks: The Linux Foundation, Linux Standard Base, MeeGo, Tizen and Yocto Project are trademarks of The Linux Foundation. Linux is a trademark of Linus Torvalds.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact
Jennifer Cloer
The Linux Foundation
503-867-2304
Jennifer@linuxfoundation.org

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...