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: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

The New ROI: How Cloud Data Is Driving a Strategic Shift in Financial Markets

Cloud migration in financial markets has evolved from a cost-saving exercise into a cornerstone of strategic performance. As firms modernise their trading and data infrastructure, the emphasis has shifted toward scalability, innovation, and long-term competitive advantage. Drawing on findings from LSEG’s Cloud Strategies in Financial Services report and insights from Kristin Hochstein, Global Head of...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

MiFID II Handbook – Second Edition

With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just over two months away, A-Team Group has updated its MiFID II handbook to bring you the latest details on the regulation’s compliance requirements. Version 2 of the handbook, commissioned by Thomson Reuters, also includes new sections covering data sourcing and data...