CSI Readies ‘Community' Abstraction Tool

Portland, OR-based open-source software vendor Collaborative Software Initiative plans to release a community edition of its open-source Market Data Abstraction Layer (MDAL), which it hopes will see significant takeup among banks and trading firms looking to create cheaper and more flexible data architectures.

MDAL, which the vendor launched earlier this year, is designed to provide an abstraction layer between different data technologies, making it easier for firms to integrate disparate

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