OpenMAMA is an effort to build an open source implementation of the MAMA (Middleware
Agnostic Messaging API) that financial services companies use for passing data across messaging applications. OpenMAMA was first announced in 2011. The OpenMAMA project includes big names in the financial services sector such as Bank of America, Merrill Lynch, J.P. Morgan and NYSE Technologies, among others.
“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 that reduces complexity and cost for financial services companies.”
This week the project reached its one year milestone, showing both progress and commercial implementations. Many of those commercial implementation have been achieved by creating software bridges that enable existing platforms to communicate via OpenMAMA.
Linux vendor Red Hat is no stranger to financial services markets, and is actively participating in the OpenMAMA effort. Red Hat worked on an AMQP implentation leveraging the Apache Qpid project. AMQP is an open standard enterprise messaging approach that is now an optional middleware bridge to OpenMAMA.
William Henry, senior consulting software engineer, Office of the CTO at Red Hat, explained to Datamation that OpenMAMA is a standard open API for developers that provides a layer of abstraction on top of underlying messaging systems, both standard (like AMQP) and proprietary.
Read the full story at Datamation:
NYSE OpenMAMA Advances Open Source Messaging
Sean Michael Kerner is a senior editor at InternetNews.com, the news service of the IT Business Edge Network, the network for technology professionals Follow him on Twitter @TechJournalist.
