Aite Group and OneMarketData to Host March 3 Webinar on benefits and challenges of developing a unified tick database management platform
New York, N.Y., February 11, 2010 - OneMarketData, LLC, the leader in tick data management and analytics, today announced that OneTick, the one solution for tick data management, analytics and complex event processing (CEP), has received top marks from current customers for its ease of use and integration capabilities in the Aite Group report "Quant Strategy Development Playgrounds: The High Performance Database Sandbox."
Based on independent research conducted by Aite Group in February 2010, this report noted that customers find OneTick to be a very intuitive platform that makes analyzing raw data more efficient and productive. Aite Group and OneMarketData will present an excerpt of the study's finding during a one-hour Webinar on March 3, 2010.
"Due to the tremendous growth in the number and types of trading strategies relying on historical and intraday tick data, the demand has grown for a single integrated tick database and CEP solution with embedded business logic that can rapidly combine all types of data," said Leonid Frants, principal and founder for OneMarketData. "We are excited to hear customers report that OneTick allows them to develop and back test these strategies quickly and efficiently as well as run the same code on real-time streaming data to generate trading signals, regardless of the type or number of data sources used."
Focused on the high performance database space, this report highlighted how current trends are changing the market. Key report findings included:
"As quants continue to build strategies that blur the lines between CEP and high performance databases, implementing a solution that combines these functionalities becomes critical," said Adam Honore, research director with Aite Group. "As many firms move towards new asset classes and new geographies, they will seek one system for data playback and signal generation to increase strategy development efficiency and capitalize more quickly on changing trends within the market."
Register for the "Benefits of Seamless Data Management and CEP" Webinar
Aite Group and OneMarketData will present study results and provide advice for quantitative analysts via a Webinar on March 3, 2010 at 11 a.m. EST / 4 p.m. GMT. To register for the presentation, please visit https://www1.gotomeeting.com/register/724676216.
Study Availability
An excerpt of the study, "Quant Strategy Development Playgrounds: The High Performance Database Sandbox," is available today for download at www.onetick.com.
This report provides a detailed analysis of the quantitative tick database management and high performance database space.
About Aite Group
Aite Group is a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services industry. It was founded by leading industry experts in Banking and Securities & Investments. Aite Group brings together a team of business strategy, technology and regulatory experts to deliver comprehensive, timely, and actionable advice to financial institutions and technology vendors. It seeks to become a true partner, advisor, and catalyst by exchanging ideas and challenging basic assumptions to ensure that our clients always stay one step ahead of the competition.
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.