New York, NY and London, U.K., October 10, 2011 - OneMarketData, LLC, a leader in financial tick data management and analytics, today announced that Scottrade, Inc., a leading branch-supported online investment company, has selected OneMarketData's OneTick for tick data storage and management. OneTick will be deployed as a tick data repository and analytics platform across certain Scottrade applications.
"We have always aimed to provide exceptional investment solutions and trading experiences to our clients, who look to us to help them get an edge in the marketplace," said Ian Patterson, CIO at Scottrade. "OneTick will help us to continue to work to deliver that competitive advantage by providing scalable and fast access to the ever growing quantities of real-time and historical tick data that cross our systems every day.
"Scottrade has long offered its clients real-time market data and news within its trading websites, which are necessary tools in today's fast-paced markets" said Richard Chmiel, Vice President for Global Sales and Marketing of OneMarketData. "By integrating OneTick into its current systems, Scottrade can seamlessly manage massive volumes of tick data across the enterprise."
Built from inception as a single integrated system, OneTick CEP and Database uniquely enables users to write a single set of code for historical analysis and real-time signal generation. Users can apply OneTick analytics to queries that span historical and real-time data with a significantly lower total cost of ownership than similar systems. Users will benefit from reduced costs connected with licensing, installing and managing disparate data management systems, which lack the ability to collect and analyze historical and real-time data.
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.
About Scottrade, Inc.
Investors who enjoy online stock trading will find value and personalized customer service at online investing firm Scottrade. Founded in 1980, Scottrade enables customers to learn about online trading tools, stock market research and how to buy stocks online, many at just $7 per trade. With more than 500 nationwide branch offices, Scottrade has the largest branch network among online brokerage firms. To learn more about one of FORTUNE magazine's "100 Best Companies to Work For," visit about.scottrade.com or www.scottrade.com and follow us on Facebook, Twitter, YouTube and Flickr. Member FINRA/SIPC.
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