New York, N.Y., June 23, 2010 - OneMarketData, LLC, the leader in tick data management and analytics, today announced that Instinet, a global leader in electronic trading and agency-only brokerage services, has selected OneTick, the one solution for tick data management, analytics and complex event processing, as its high performance tick database and analytics system.
"We are excited to provide Instinet with this comprehensive solution," said Richard Chmiel, vice president of global sales at OneMarketData. "With OneTick Database, Instinet can leverage one fully integrated platform for tick data collection, storage, retrieval and analysis"
"With clients increasingly leveraging our Instinet Insight TCA suite, it is essential that we employ an integrated tick data management system that can collect, store and analyze all types of data efficiently," said Richard Jones, Managing Director, Technology, at Instinet. "OneTick Database's scalable architecture and built-in business logic empower us to do this all from one centralized platform, enabling us to evaluate transaction costs rapidly."
OneTick Database 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.
A multi-asset class solution, OneTick Database 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. It compresses, stores and analyzes all kinds of data uniformly - whether it is tick data, daily pricing data, reference data or news data.
OneTick Database easily tackles rapidly rising data volumes and real-time data rates, while servicing multiple concurrent user queries on large datasets that span decades. 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.
Instinet is an electronic trading pioneer, having established the world?s first major electronic trading venue in 1969, one of the first recognized U.S. ECNs in 1997 and the first pan-European MTF in 2007. Through its subsidiaries and affiliates, Instinet operates two distinct business lines: a global network of agency-only brokers that seek to help institutions lower overall trading costs and improve investment performance through the use of innovative electronic trading products, including smart-routing, algorithms, DMA, dark pools and EMS platforms, and also provide sales trading, commission management services and independent research; and the Chi-X? Global businesses, which aim to improve the efficiency of capital markets globally by providing high-performance, low-cost alternative execution venues and the technology required to power them. Instinet is a wholly-owned subsidiary of Nomura Holdings, Inc. For more information, please visitwww.instinet.com.
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 atwww.onetick.com.