About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Open Source Moving On Up …

Subscribe to our newsletter

I’m writing this blog from the Red Carpet Club at SFO … heading back to NYC in an hour. It’s been a great week out here in the Bay Area catching up with some old friends and making some new ones.

Earlier in the week, I attended the Open Source Business Conference. One of the highlights was a panel featuring Jason Maynard, an analyst with Credit Suisse. He’s very forthright with his views, and sometimes they hurt. A few weeks ago he downgraded Tibco’s stock, in part because of the emergence of the open source messaging project known as AMQP.

Being in an open source mindset, I was intrigued to receive an email from my old mate Frank Greco. When he isn’t making Lehman’s technology perform, or playing in his Steely Dan cover band, Frank runs the New York Java SIG, and his email was an invite to this week’s meeting, focusing on something called Esper.

Esper is an open source Java (and also .Net) complex event processing engine available from the Codehaus repository under the GNU General Public License. Supporting its own SQL-like query language called EQL, commercial services for Esper are available from New Jersey-based EsperTech.

As we suggested in our recent report Faster Than A Speeding Bullet – Low Latency Architectures and Building Blocks For Tomorrow’s Trading Applications, low latency building blocks will become increasingly commoditized and open source initiatives will address at least some of the areas currently served by proprietary products. Initiatives like AMQP and Esper seem to validate those predictions.

Until next time … here’s some good music.

[tags]low latency,open source,esper,amqp,java,jason maynard[/tags]

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

LSEG Launches MarketPsych Transcript Analytics for Corporate Transcripts

LSEG Data & Analytics has introduced MarketPsych Transcript Analytics, a structured data feed designed to help institutional and quantitative investors extract actionable intelligence from corporate transcripts. Developed in collaboration with MarketPsych, the tool uses Natural Language Processing (NLP) to analyse earnings calls, investor presentations, and other corporate communications from over 16,000 global public companies. The...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...