Posted by royagostino on November 20, 2008
Hello everyone,
Today we are announcing the release of Marketcetera’s Automated Trading Platform version.9. Here are some highlights:
Community
As we continue to evolve the product, we have received tremendous community feedback. To further improve our communication and coordination with our community, we are launching new community tools for documentation (Confluence), bug/issue tracking (Jira), code browsing and reviewing tool (Crucible). We would also like to give credit to Atlassian for providing us with free open source licenses for those tools.
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Posted by royagostino on November 2, 2008
As John Donne once, almost, famously said, “No open source project is an island, entire of itself.” We might have taken some liberties with the exact wording, but we at Marketcetera take the essential meaning to heart: our products do not exist in a vacuum, they are the building blocks of a greater whole consisting of our partners and other interacting vendors.
We’ve built Marketcetera in that spirit, to be a true open source product with a transparency and flexibility that welcomes add-ons. Front office or back, Eclipse or Java, our platform is built to seamlessly plug into the greater functionality that financial service applications can provide. Graham Miller, our CEO, went into a few of the specifics in an interview with ZDNet’s Dana Blankenhorn last April:
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Posted by royagostino on October 24, 2008
When The 451 Group approached Marketcetera 2 months ago to contribute to a commercial open source report, we weren’t quite expecting the end result to be titled, “Open source is not a business model.”
The analyst firm surveyed 114 open source companies, including Marketcetera, on their business strategies. They sought to answer the question that plagues every open source vendor at cocktail parties and VC pitches alike: “How DO you make money if you give your product away for free?” Read the rest of this entry »
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Posted by royagostino on October 17, 2008
Our team just returned from Wall Street and a battlefield tour of our current market travails. What became clear to me, through our discussions with customers, prospects, analysts and press, is that the current market volatility will accelerate the industry’s adoption of open source software.
Financial institutions have a deep and abiding frustration with incumbent proprietary vendors. Hedge fund IT departments labor mightily to implement new trading strategies and add analytics so they can beat their competition. Unfortunately, proprietary software vendors have them in a stranglehold with products that inhibit them from acting quickly or making changes easily. New trading strategies are delayed because the different parts of the system don’t communicate easily with one another.
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Posted by Graham Miller on August 15, 2008
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Posted by ytalmor on July 10, 2008
It’s been about 90 days since I joined Marketcetera as VP of Engineering, and I’m having a great time. I previously worked at Yahoo!, where I dealt with a lot of problems with large scale, low-latency and high-throughput systems as director of engineering in the Search Marketing Group. I’m looking forward to applying my expertise in a new industry – or industries - since Marketcetera has a foot in both the open source software and the finance worlds.
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Posted by Toli Kuznets on July 3, 2008
Who said installing open-source software had to be difficult? We just shipped the 0.5.0 release, which contains an all-in-one installer for Windows. It makes installing and configuring the Marketcetera Platform a breeze, so it’s even easier to try out.
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Posted by Toli Kuznets on January 18, 2008
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Posted by Toli Kuznets on January 5, 2008
Happy New Year, Marketcetera Readers!
We’ve been rather quiet for a while, so you may have been wondering what was going on at Marketcetera. Very simple - all this time, we’ve been drinking tea. It appears, that since we moved to our new office, I’ve gone through a whole box of tea - 80 packets in all. All jokes aside, what does it really translate to, aside from 3-4 cups a day?
Apologies for “going dark” and not releasing anything in the past 2 months - we’ve been concentrating on fundraising, to expand the team and grow the company faster. Read the rest of this entry »
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Posted by Toli Kuznets on November 15, 2007
Marketcetera used to be in the heart of the San Francisco’s “Web 2.0 gulch” and we felt pretty out of place every time we stood in line to get a burrito and had to overhear yet-another Facebook application conversation.
Well, no more! We just moved to the heart of the Financial District (FiDi if you are local and lazy) to the Mills Building (hey, first steel building in SF!) which actually used to house the old Pacific Options Exchange, is only one block away from the old Pacific Coast Stock Exchange and four blocks from Transamerica Pyramid. Conveniently, we have customers in the same building, and are working on a few more from the many other financial companies here.
Needless to say, we are very excited to be at the intersection of Silicon Valley and finance (in more ways that one). If you happen to be in the area, feel free to drop by, we can take the cable car to Chinatown for some dim sum.
Our new address is 220 Montgomery St, Suite 600, San Francisco CA 94104, and you can reach us at our new phone number: 415-398-2644.
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