Welcome!

Silverlight Authors: Automic Blog, Michael Kopp, AppDynamics Blog, Kaazing Blog, Steven Mandel

News Feed Item

OpenFin Launches HTML5 Desktop Technology for Financial Industry

NEW YORK, NY and LONDON -- (Marketwire) -- 12/04/12 -- OpenFin, a provider of HTML5 technologies for the financial industry, today announced the launch of OpenFin Desktop. The new technology empowers financial services firms to deploy high-performance, interactive trading applications using HTML5.

HTML5 is displacing technologies such as Adobe Flash and Microsoft Silverlight that have been widely used to develop many trading applications. The financial industry is at a crossroads, however, as the majority of financial industry desktops don't run a modern web browser that adequately supports the HTML5 standard. More critically, trading applications often require functionality that is impossible to achieve within the constraints of even modern browsers.

"HTML5 creates exciting new possibilities for trading application design and deployment. We developed OpenFin to unlock this potential and to help the financial industry accelerate its HTML5 adoption," said OpenFin CEO, Mazy Dar.

OpenFin Desktop enables HTML5 applications to run outside the browser with the performance, functionality and security needed for real-time trading. Application providers can use the software to deploy a single application or, alternatively, to provide customers with a branded desktop app store.

The new product also helps financial services firms migrate to HTML5, avoiding the need to rewrite existing applications. OpenFin Desktop can run Flash and Silverlight applications and integrates seamlessly with Java, C++ and .NET through an API. The software is built on Chromium, an open-source project from Google that also powers the Google Chrome browser.

"Trading applications have unique requirements for performance, user experience, security and scalability. OpenFin enables developers to meet and exceed these requirements building with HTML5," said OpenFin President and COO, Chuck Doerr.

OpenFin brings together a team of financial industry veterans who pioneered electronic trading for over-the-counter markets, deploying real-time internet applications to major dealers and over 500 buy-side firms. The company was founded in August 2010 and is backed by senior executives and entrepreneurs from across the financial industry.

About OpenFin

OpenFin is a provider of HTML5 technologies for the financial industry. The firm's desktop software empowers financial services firms to deploy high-performance, interactive trading applications using HTML5. Founded in 2010 by trading technology experts, the firm is headquartered in New York. Please visit www.openf.in for more information.

For more information, please contact:

NEW YORK

Articulate Communications
Sally Lyden
Phone: 212-255-0080 X 11
Email Contact

LONDON

Argentus PR
Candice Adam
Tel. +44 20 7397 2915
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...