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

Terracotta Blends Low Latency and Big Data

Subscribe to our newsletter

Software AG’s Terracotta unit has introduced its Universal Messaging product, a middleware platform spanning enterprise to web to mobile connectivity, providing low latency performance and big data transport as appropriate – and aligning with the emerging ‘big data in motion’ paradigm.

“Big, fast data at your fingertips requires seamless real-time data movement, no matter what type of system or device you are using,” says Eddie McDaid, managing director of Universal Messaging at Terracotta.

Previously offered as part of the webMethods SOA middleware offered by its parent, Terracotta is integrating Universal Messaging with its BigMemory in-memory technology and In-Genius analytics offerings. The origin of the product is with my-Channels, which Software AG acquired in April 2012.

Universal Messaging offers common APIs – for C++, C#, Java, VBA, .Net and Python – to support publish/subscribe, message queue and peer-to-peer communications. It also supports a number of different transports, from low-latency shared memory and multicast for enterprise applications, to fuller function sockets and HTTP/S for web and mobile.

Indeed, the product supports a number of electronic trading services, including for FX and fixed income, from the likes of Deutsche Bank, UBS, Credit Suisse, JPMorgan Chase and Tullett Prebon. 

Separately, Terracotta this week completed its acquisition of complex event processing vendor Apama, which is also likely to form part of its big data platform, offering the ability to perform analytics on streaming data.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Quantum Readiness in Trading: Why Cryptography and Data Governance Matter More Than Qubits

Quantum computing is becoming one of the most widely discussed emerging technologies in financial markets infrastructure. In industry commentary, the technology is often framed either as a revolutionary engine for trading performance or as an existential threat to the cryptographic systems that secure global finance. In practice however, the near-term impact is likely to be...

EVENT

RegTech Summit London

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

GUIDE

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...