“Palamida must realise that McAfee is no friend of free open source software.”Several weeks ago we defended Palamida in face of accusations that it had been spreading FUD to market itself. In order to continue and defend Palamida, as well as to ensure it gives no justification for yet more such accusations, we ought to make the following observation.
Several hours ago, the following press release showed up and it suggests that Palamida is liaising with McAfee. Palamida must realise that McAfee is no friend of free open source software [1, 2, 3]. It is a classic proprietary software company that responds with disinterest at best and hostility at worst when it comes to open source. The press release also contains this bit:
"Open source is no more or no less risky than proprietary code," said Mark Tolliver, CEO of Palamida. "But its use often goes undocumented and as such falls outside of existing application security policies. Palamida's integration with ePO will enable joint customers to manage and secure their use of open source as part of a comprehensive security strategy."
MDDL, or Market Data Definition Language, is an open industry standard XML dialect for securities market data. The announcement of the new license aims to remove possible ambiguity regarding intellectual property issues associated with using MDDL. “This confirms that MDDL is an open standard and, since it is a “non-GPL” license, it is not subject to “downstream” licensing concerns.” according to Bill Nichols, Program Director for Securities Processing Automation at FISD.