London, U.K., November 3, 2010 – OneMarketData, LLC, a leader in tick data management and analytics, today announced that Nordea Bank, a premiere financial services group in the Nordic and Baltic Sea region, has selected OneMarketData’s OneTick, the single solution for tick data management, analytics and complex event processing (CEP), as its fully integrated system for electronic foreign exchange (FX) trading.
“With FX trading being one of the fastest growing asset classes for automated trading globally, more and more financial institutions are turning to high frequency and quantitative trading to increase profitability,” said Richard Chmiel, vice president of global sales for OneMarketData, LLC. “By using OneTick, Nordea can now not only enter this new arena, but also stay ahead of the competition. With OneTick, Nordea will slash strategy development time and cost restraints by leveraging the only fully integrated platform for data capture, analysis and real-time signal generation.”
After evaluating independent high-performance database and CEP vendors, Nordea chose OneTick for its unparalleled platform integration and low-cost ease of use. Built from inception as a single integrated system, OneTick CEP and Database empowers users to write a single set of code for historical analysis and real-time signal generation. Additionally, users can run queries that span historical and real-time data while applying OneTick analytics to these data processes.
OneTick’s advanced functionality also significantly lowers the total cost of financial institutions’ data infrastructures. With OneTick, users greatly reduce costs associated with licensing, installing and maintaining disparate data management and CEP systems by leveraging a single CEP and tick database solution that costs the same as most independent systems, which lack the ability to collect and analyze both historical and real-time data.
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 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.
OneMarketData is a leading provider of enterprise tick data solutions for financial institutions worldwide. OneTick™, 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.
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