About a-team Marketing Services
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: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or strategies is no longer just an operational concern – it is a front-office differentiator and, increasingly,...

BLOG

ICE Adds Institutional Bond Execution with $6 Billion MarketAxess Acquisition

Intercontinental Exchange has agreed to acquire MarketAxess Holdings for $167 per share in cash, valuing the electronic bond trading platform at approximately $6 billion in equity and $5.7 billion in enterprise value. The price is a 33% premium to MarketAxess’s closing price on 29 July. MarketAxess connects around 2,100 institutional investors and broker-dealers in more...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...