|By Business Wire||
|November 28, 2012 10:15 AM EST||
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 (OpenMAMA1). 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 provider 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. For more information on the OpenMAMA Enterprise Edition please visit https://nysetechnologies.nyx.com/data-technology.
About the Open Platform
The NYSE Technologies Open Platform consists of OpenMAMA, OpenMDM, the Global Adoption Program, and the OpenMAMA Enterprise Edition. OpenMAMA, is an open source Middleware Agnostic Messaging API, hosted by the Linux Foundation. The OpenMDM provides an industry-backed standard for market data normalization, designed to be independent of technology, encoding format and distribution mechanism, while facilitating and simplifying the consolidation of market data. The Global Adoption Program aims to bring together firms whose offerings leverage and enhance those of NYSE Technologies to create a truly open multi-vendor platform. The OpenMAMA Enterprise Edition includes the standard open source middleware agnostic messaging API with a commercial support package, which will soon include a third party certification program. The certification program will offer an extra layer of support for customers by ensuring that products are compatible and holds parties accountable for providing support.
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 marshalling 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.
About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world's largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world's best financial institutions and exchanges. For additional information visit: nyse.com/technologies.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
IBM’s statements regarding its plans, directions, and intent are subject to change or withdrawal without notice at IBM’s sole discretion. Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision. The information mentioned regarding potential future products is not a commitment, promise, or legal obligation to deliver any material, code or functionality. Information about potential future products may not be incorporated into any contract. The development, release, and timing of any future features or functionality described for our products remains at our sole discretion.
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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