* Leading EAI Expert returns to take charge of Orbita development
OpenTrade Technologies has appointed Tim Murnaghan as Chief Technical Officer (CTO). Murnaghan is an expert in Enterprise Application Integration and business messaging and returns to OpenTrade after an absence of several years.
Tim Murnaghan has 18 years experience of the IT industry and returns to OpenTrade to take charge of development of Orbita, the real time business messaging platform.
OpenTrade Technologies chief executive, Joel Jervis, says, 'Tim Murnaghan is another major talent that we have signed to our new heavyweight management team and we are delighted to have secured his services. Tim is an expert in what for us are the key areas of application integration and e-business and he will have an important role in our growth plans.'
'Tim is one of a number of ex-OpenTrade staff who have rejoined us recently, chiefly because the technical consensus in the industry is with Orbita, we have got it right, and the future of business messaging, especially in areas such as banking, is going to be based on high performance, publish/subscribe technology that enables the proactive delivery of both static and volatile business information throughout the enterprise.'
Tim Murnaghan says, 'Having spent a number of years with some of the leading users of integration and messaging technologies, coming back to OpenTrade as Chief Technical Officer was an opportunity impossible to resist. Publish/subscribe technology is a key enabler for business messaging and I believe that the current product and development path of Orbita represent the leading edge of technology in this area.'
Previously Tim was employed as assistant vice president at Deutsche Bank where he was part of the Applied Technology Group charged with introducing new technologies into the commercial bank. Before that he was employed at Bank of Tokyo-Mitsubishi, where he was responsible for the successful implementation of a Risk Management system, and Reuters, where he was responsible for producing a new integrated architecture for data collection, as part of a large corporate integration project.
Aged 40 and single, Tim Murnaghan has an MA in Maths and Computing from Cambridge University.
OpenTrade Technologies is the independent software house that invented real time business messaging in the 1980s. With offices in London, Frankfurt and Milan, OpenTrade has been supplying solutions based on this technology across Europe for 17 years.
OpenTrade provides the key component of a number of mission critical solutions for the financial services industry - its technology is used daily by institutions such as the Swiss National Bank, Banca Intesa and the Helsinki Stock Exchanges to make split-second judgements.
Now, real time business messaging is in demand outside finance and banking in a wide range of industries. OpenTrade's high-performance business messaging system, ORBITA, is being deployed as an essential component in applications from vehicle scheduling to public share dealing over the Web.
Technically, ORBITA enables the reliable, efficient distribution of real time information from a data source or publisher to any number of subscribers. Built to transport and deliver tens of thousands of messages per second per node, ORBITA provides a unique high performance publish/subscribe messaging architecture that supports high-speed message transport, and enables massive system and application scalability. The publish/subscribe mechanism allows information about business events to be published efficiently and very rapidly across private and public networks for B2B and B2C communications over any IP network.
OpenTrade is a wholly owned subsidiary of the Cairnsford Technology Group.
For further information, visit http://www.opentrade.co.uk
Tony Kingston (Marketing Director)OpenTrade Technologies Ltd
Tel: 020 8861 8300
Jacqui Green (JGmpr)
Tel: 020 8464 6462
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