Comparing message-oriented middleware for financial assets trading

Abstract: Many different message-oriented middlewares (MOM) exist today on the market. With different underlying designs, purposes and features, it is not easy to make the right choice of MOM for your system. The IT company Nordicstation is in such a situation where they need to make a choice of MOM. They currently own a system called Sharelock which generates reports about violations of financial assets trad- ing. They wish to make the process of generating a report more asynchronous by using a MOM and they have a couple of requirements. This thesis was carried out with the purpose of finding the most suitable products for the system in mind, compare their features, performance, licenses and ease-of- use. This was accomplished by analysing their installation process, monitoring in- terfaces, documentation on their websites and performance in a simple throughput test. The results showed that RabbitMQ was the strongest candidate. It had good per- formance, an attractive web interface for monitoring, an easy installation and it also offered commercial support. Apache Artemis was also found to be an attractive choice but it did not have a web interface which made it hard to manage the system.