NYSE Technologies has decided to open source the Mama API. NYSE acquired the platform when they acquired Wombat Financial Software back in January 2008. Since then, NYSE Tech has been using Wombat and the Mama API for market data dissimination. They recently went the extra step of open sourcing the Mama/Mamda APIs, trying to solidify their position as the market leader in market data platforms.
Here are some interesting links:
- finextra: Nyse Technologies open sources Mama API
- TABB Forum video interview with Brian Doherty, MD at NYSE Tech
- OpenMAMA and OpenMAMDA APIs
Interesting story to follow…
Update 1:
Here is another article from Security Technology Monitor describing how NYSE is releasing its Middleware Agnostic Messaging Application Programming Interface (MAMA) to the Linux Foundation. MAMA should be renamed OpenMAMA and is intented to be a vendor neutral platform. Exegy, J.P. Morgan, Bank of America Merrill Lynch, EMC and Fixnetix are expected to be part of the OpenMAMA Steering Group.
