Product Vision

The major market data system in the industry does not meet the needs of emerging electronic trading sectors, including automated market making, smart order routing, best execution, algorithmic trading, statistical arbitrage and program trading. Over the last 3-5 years, many business groups in the sector have implemented proprietary market data systems to fill this void. An increasing number of firms have come to realize that Wombat's technology provides a combination of the power and flexibility of a proprietary solution and the stability, supportability and long term product focus of an off-the-shelf solution.

Wombat's product vision is to provide a solution framework that exceeds the needs of leading electronic trading groups, while balancing these needs with the needs of IT and market data departments, where the focus is on implemention of global enterprise solutions and cutting overall market data costs.

In particular, our vision is to:

• Provide a single distributed ticker plant technology supporting every significant direct exchange feed, broker feed and aggregated vendor feed globally.
• Deliver a suite of ultra low latency market data infrastructure solutions with a core feature set focused on the needs of electronic trading groups.
• Build beyond low latency technology to deliver a broader range of emerging market data solutions that provide a single enterprise market data system capable of meeting the needs of traditional desktop users as well as electronic trading applications.
• Focus on ease of integration and providing customers with convenient migration and integration paths.
• Partner with customers to minimize implementation lead times by maintaining the focus on product (or production) engineering to deliver solutions that are easy to install, with consistent management and monitoring interfaces.
• Afford Wombat customers the maximum opportunity to differentiate themselves from their competition through the creation of a set of products, APIs and solution frameworks rich in configuration parameters, with the hooks to add custom functionality by loading custom shared libraries or other proprietary objects.
• Deliver technology solutions that are 'Agnostic' to data providers and middleware providers alike, giving our customers maximum commercial flexibility and leverage over these vendors.

Wombat is in a strong position to deliver on all the components in this vision. We currently have feed handlers for over 120 direct exchange and aggregated vendor data feeds and continue to work with leading Tier 1 banks to expand our global coverage. Wombat market data infrastructures have been underpinning leading electronic trading groups in the US since 2001 (MDRV). The MAMA platforms have been operating in production since February 2004.

For an overview of our six divisions and their offerings, please visit the divisions section.