Markets Media: Open-Source Software Aims to Bridge Data Silos

September 13, 2012 | By: Flex Advantage

An industry effort to corral the stampede of market data feeds using software innovations is starting to bear fruit, enabling traders to employ advanced predictive analytics into their strategies. OpenMAMA, an open-source project by the not-for-profit Linux Foundation dedicated to fostering the growth of the Linux operating system, aims to address the industry-wide problem of increasing complexity arising from proprietary software, vendor-specific data models and non-standard application programming interfaces (APIs)…