Arcontech Group PLC Open-MAMA Steering Committee Membership

TIDMARC

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:

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

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAPGGUAUUPQGWU

(END) Dow Jones Newswires

October 21, 2016 02:00 ET (06:00 GMT)