Alliance Asset Management selects OneMarketData's OneTick CEP and Database to power its quantitative research and algorithmic trading
New York, N.Y., July 26, 2010 - OneMarketData, LLC, the leader in complex event processing (CEP), tick data management and analytics, today announced that Alliance Asset Management, a proprietary trading firm based in Sao Paulo, Brazil, has selected OneTick CEP and Database to support its quantitative research and high frequency trading within the global financial markets.
After a competitive evaluation that involved all other individual CEP vendors and database vendors, Alliance chose OneTick CEP and Database for its fully integrated CEP and database functionality. With OneTick, users could run analytics and signals on real-time streaming data as well as run queries on all necessary historical data, with the click of just one button. This functionality, combined with OneTick's built-in business logic, made OneTick the best choice in terms of overall functionality and low total cost of ownership.
"As one of the first Brazilian firms to enter the high frequency trading space and the first firm to co-locate with the BM&F, we pride ourselves in developing advanced quantitative strategies that are supported by cutting-edge technologies," said Vinicius D'alesandro, Partner for Alliance Asset Management. "When we found OneTick, we immediately knew we had something special. OneTick is the only system with a true CEP engine completely integrated with its high performance database and analytics library, allowing us to use just one system to build queries rapidly - eliminating errors associated with maintaining multiple code sets, and abolishing costs associated with purchasing and integrating disparate systems."
Alliance plans to use OneTick CEP and Database to support its entire quantitative research, development and evaluation process. Alliance notes that OneTick's streamlined CEP and database solution will allow users to rapidly analyze real-time and historical data as well as perform real-time trading signal generation, empowering them to uncover new sources of alpha and increase the profitability of their strategies.
"We are excited to provide Alliance Asset Management with a comprehensive solution for capturing, retrieving and analyzing all their real-time streaming and historical market data," said Richard Chmiel, vice president of Sales for OneMarketData. "With OneTick, Alliance will receive the only CEP engine and high performance database solution built from inception as a single research and real-time signal generation platform for the financial markets, allowing them to accelerate their strategy development process by leveraging one integrated system to complete disparate tasks that once required two distinct platforms."
With a global presence spanning Asia, Europe, South America and the U.S., OneMarketData's OneTick is the leading solution for financial institutions looking to handle all their complex tick data needs, including quantitative research, algorithmic trading, mathematical strategy back testing, historical book reconstitution, real-time aggregated book building, transaction cost analysis, execution quality analysis, real-time statistics and analytics publishing, and more.
OneTick CEP and Database collect and process millions of ticks per second on one CPU and archive billions of ticks per day globally, providing uniform access to all tick data, up to and including the latest tick. A multi-asset class solution, OneTick includes an easy-to-use graphical user interface to access all data including equities, fixed income, futures, FX and options, as well as full order book data. With no limitations on data volumes, peak rates or length of stored history, it allows users to access one integrated database for all quantitative research needs.
About Alliance Asset Management
Alliance Asset Management is a proprietary trading firm based in Sao Paulo/Brazil, that develops and runs high-frequency and quantitative algorithmic trading technology to trade worldwide financial markets. The firm is continuously improving processes and technologies to support the discovery, research, evaluation, incubation and maintenance of profitable financial opportunities.
About OneMarketData
OneMarketData is a leading provider of enterprise tick data solutions for financial institutions worldwide. OneTickTM, its flagship product, is a comprehensive business solution designed to fully address the market's need for intraday data collection, archiving, retrieval, and analytics across a wide spectrum of users from various departments. The OneTick Platform includes high-performance OneTick Archive and In-Memory Databases, OneTick Event Processing Engine, OneTick Analytics, and a wide array of Adapters to standard sources of historical and real-time tick data. Conceived to specifically address the requirements of the financial sector, OneTick's architecture and extensive built-in domain expertise offers low integration and operation costs, and fast deployment. More information about OneMarketData is available at www.onetick.com.