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: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

Countdown to T+1: Market Readiness and the Push for Automation

As the North American T+1 settlement deadlines fast approach – 28th May 2024 for all US securities settled through DTC and 27th May for Canadian securities – the industry has been ramping up in preparation. And although the shorter settlement cycle promises to increase settlement efficiency, improve liquidity, decrease counterparty risk and reduce overall trading...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...