Open Source software has been at the heart of modern financial institutions and capital markets for several years. The Open Source model for developing software is now also taking root in the Financial Services
sector thanks in part to the OpenMAMA collaborative effort run under the auspices of the Linux Foundation.
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.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.