Corporate and investment bank choses OneTick for robust analytics and streamlined performance capabilities
New York and London - September 6, 2011 - OneMarketData, LLC, the leader in tick data management and analytics, today announced that Société Générale Corporate & Investment Banking has selected OneMarketData's OneTick® Database and CEP as its fully integrated tick data management, analytics and complex event processing (CEP) system for electronic foreign exchange (FX) trading. Société Générale selected OneTick to replace its current system based on its ability to seamlessly manage exploding data volumes and meet the firm's low-latency needs.
The FX division will use OneTick for pre- and post-trade analysis and data storage as well as real-time production monitoring and back-testing of strategies and algorithms. OneTick will store and analyze Société Générale's internally generated prices and data while also providing access to various vendors full and conflated feeds.
Richard Chmiel, Vice President at OneMarketData, said, "With OneTick, Société Générale's FX team will be able to tap into the platform's speed and scalability to manage growing data volumes and deliver robust and precise analytics. They will also be able to lower their total cost of ownership while still maintaining the speed and performance necessary to compete in this market."
Built from inception as a single integrated system, OneTick Database and CEP empowers users to write a single set of code for historical analysis and real-time signal generation; run queries that span historical and real-time data and apply OneTick analytics to these data processes. With OneTick, users greatly reduce costs associated with licensing, installing and maintaining separate data management and CEP systems by leveraging a single solution that costs the same as most independent systems while also being able to collect and analyze both historical and real-time data.
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 OneQuantData harnesses the power of OneTick to deliver a comprehensive repository of historical reference and pricing data designed specifically for the global equities market.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.
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