With analytical techniques evolving and the volume of available tick data constantly expanding, the financial industry demands more and more insight from its data, but clarity is often hard to find. In the current landscape, companies strive to bring in more data from new sources, actively adjust models based on changing needs, and iteratively design for a variety of use cases, from strategy back-testing to transaction cost analysis and more.
The need for a modern analytical database is clear – one built to address these changing requirements, and to do so without hindering productivity. An enterprise-ready solution built on cloud technology can do just that, helping companies leverage advanced analytics and deliver faster time-to-value results. Cloud enablement removes the complexities and costs of infrastructure, procurement time, configuration and support resources.
Welcome to OneTick Elastic Analytics.
Through OneTick Elastic Analytics, clients can utilize tick data and software on a metered compute platform, such as AWS and Google, with OneMarketData managing components of the service offering.
As a distributed tick data management system, the OneTick internal architecture provides support for databases spread across multiple physical machines. This architecture designed for distributed parallel processing improves query performance – as the typical OneTick query can be easily parallelized at logical boundaries (e.g. running the same query analytics across a large symbol universe) and can be processed on a separate physical machine. While OneTick architecture supports a distributed computational model, users need to manually identify and configure the partitioning scheme.
The use of cloud computing has become pervasive for many non-core data tasks, primarily storage and computation-intensive valuation processes. Though the initial appeal comes from obvious cost advantages of cloud versus on-site computing, there a host of further benefits waiting to be exploited, such as the capability of cloud-based solutions to support faster analytics, back-testing and client reporting.
OneTick Elastic Analytics will help companies determine if this approach can deliver benefits from their firm, and where they can obtain best advantage from leveraging elastic cloud resources to support business decisions, compute-heavy processes and development projects, so their businesses can focus on what really matters.
- Advanced analytics designed to leverage scalable cloud computational model
- On-demand historical market history over 100 global markets
- Adapted to today’s ever-changing business needs
- Cost-effectiveness AaaS (Analytics as a Service) platform
- Ready-made Quant development & test tools and sandbox
- Faster Time-to-Market for key business solutions, backtesting, TCA, BestEx
- Use open APIs, Cloud or local data, query libraries, adaptable dashboards