QuantHouse integrates OneMarketData's data management and analytics platform OneTick, with its leading QuantFACTORY solution.
New York, N.Y., April 22, 2009- OneMarketData, LLC, the leader in tick data management and analytics, today announced that QuantHouse, the leading provider of end-to-end systematic trading solutions, has integrated OneTick, the one solution for tick data management and analytics, into QuantFACTORY. OneTick will appear as an additional feature into QuantFACTORY, the leading trading strategies development framework.
Through this license agreement, QuantHouse has embedded tick data engine OneTick into its comprehensive suite of QuantFACTORY solutions, which provide an integrated development environment across the quantitative research, development, back testing and execution lifecycle, to deliver extensive data management and additional analytics functionalities.
"In the current environment, financial institutions require solutions that deliver rich business functionality at a low total cost of ownership," said Leonid Frants, principal and founder of OneMarketData. "By embedding the OneTick tick data and analytics engine within the QuantFACTORY product suite, users have access to an even broader alpha generation solution that includes unmatched data management and analytics capabilities."
OneTick derives its uniqueness from its comprehensive business logic and rich analytical layer which is purpose-built for financial market data usage. OneTick Database leverages a proprietary high-performance, low-latency architecture that collects and processes millions of ticks per second on a single CPU and archives billions of ticks per day globally, providing uniform access to all tick data, up to and including the latest tick.
It easily tackles rapidly rising data volumes and real-time data rates, while servicing multiple concurrent user queries on large datasets that span decades. A multi-asset class solution with no limitations on data volumes, peak rates or length of stored history, OneTick empowers users to access one integrated database for all quantitative research needs.
"As current market volatility and uncertainty continues to reduce the lifespan of quantitative models, it is becoming clear that financial institutions need access to one unified source of market data for rapid strategy development and modification," said Pierre Francois-Filet CEO of QuantHouse. "OneMarketData helps us solve this need by empowering QuantFACTORY users to leverage one complete source of real-time and historical data for developing, testing and modifying time-sensitive strategies."
The QuantFACTORY suite of products includes solutions for all parts of the quantitative development lifecycle:
These products empower clients to develop a total quantitative solution where users can develop trading strategies, test them on historical and real-time tick data, and then execute them - all on one unified platform.
About QuantHouse
QuantHouse is an independent global provider of end-to-end systematic trading solutions. This includes ultra low latency market data technologies, algo-trading development framework, trading infrastructure and order routing service; to help hedge funds, proprietary desks and low latency sensitive sell side firms to trade ahead.QuantHouse products and services offering are composed of:
QuantHouse has the benefit and support of a very experienced group of investors. The Investor group is lead by one of the world's largest global brokerage organizations: NEWEDGE GROUP. Newedge is a 50/50 joint venture between Societe Generale and Calyon. For more information about QuantHouse: www.quanthouse.com.
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.