New York, U.S., June 27, 2011 - OneMarketData, a leader in tick data management and analytics, today announced that Columbia Business School will use OneMarketData's OneTick, the single solution for tick data management, analytics and complex event processing (CEP), to support the school's research in market microstructure and quantitative finance.
"Columbia Business School boasts many leading faculty with expertise in market microstructure, empirical finance, and quantitative finance that are working in many different aspects of today's high-frequency, stochastic and fragmented markets ranging from modeling and optimization of trading decisions to efficient market design and related policy questions," remarked Costis Maglaras, David and Lyn Silfen Professor of Business at Columbia Business School.
OneTick also offers built-in functionality that includes the analytics for examining market microstructure, modeling portfolios and a range of ready-to-use data filters. The advanced platform can operate on complex structures such as Order Books with nanosecond precision.
"From Modern Portfolio Theory and the Efficient Market Hypothesis to the Elliott wave theory, academia has always played a hugely important role in the world of quantitative finance," said Richard Chmiel, vice president at OneMarketData. "In order for our industry to continue to move forward, it is vital for those companies and institutions that use the work of academics to also support their research wherever they can. We believe that by assisting doctoral students at Columbia Business School , OneTick is helping to create the next generation of leaders in the financial industry."
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About OneMarketData
OneMarketData is a leading provider of enterprise tick data solutions for financial institutions worldwide. The company offers a suite of
solutions, including OneTick® and OneQuantData. OneTick, the company's 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. OneQuantData harnesses the power of OneTick to deliver a comprehensive repository of historical reference and
pricing data designed specifically for the global equities market. More information about OneMarketData is available at
www.onetick.com.
About Columbia Business School
Led by Dean Glenn Hubbard, the Russell L. Carson Professor of Finance and Economics, Columbia Business School
is at the forefront of management education for a rapidly changing world. The school's cutting-edge curriculum bridges academic theory and
practice, equipping students with an entrepreneurial mindset to recognize and capture opportunity in a competitive business environment.
Beyond academic rigor and teaching excellence, the school offers programs that are designed to give students practical experience making
decisions in real-world environments. The school offers MBA and Executive MBA (EMBA) degrees, as well as non-degree Executive Education
programs. For more information, visit www.gsb.columbia.edu.