Open-MAMA Steering Committee Membership

RNS Number : 0954N

Arcontech Group PLC

21 October 2016

 

ARCONTECH GROUP PLC

("Arcontech", the "Company" or the "Group")

Open-MAMA Steering Committee Membership

Arcontech plc, a leading provider of real-time market data management solutions, is pleased to announce it has been elected as a member of the Steering Committee for Open-MAMA, an open source project hosted by the Linux Foundation. Current Steering Committee members consist of J.P. Morgan, Vela Trading Technologies, Solace Corporation and Tick42 and in joining them Arcontech will provide additional expertise towards the provision of Open-MAMA's open and agnostic solutions. Open-MAMA is used widely across the financial community where it enables high performance connectivity for data and messaging between organisations and systems.

Matthew Jeffs, CEO of Arcontech said:

"We are very happy to join and contribute to the Open-MAMA project where we can leverage our experience in providing flexibility and choice within the financial marketplace. Of late we have seen significant interest and uptake of Open-MAMA by large financial institutions, and having built and integrated some rather involved software with the Open-MAMA code for our clients, feel we are well placed to contribute".

For more on Arcontech see: www.arcontech.com

For more on Open-MAMA see: www.openmama.org

Enquiries:

Arcontech Group plc	020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive
finnCap Ltd (Nomad & Broker)	020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: www.arcontech.com

 

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