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OneMarketData signs Gelber Group to OneTick

11 January 2010  |  6863 views  |  0 Source: OneMarketData

OneMarketData, the leader in tick data management and analytics, today announced that Gelber Group, a Chicago-based proprietary trading firm, has selected OneTick, the one solution for tick data management, analytics and complex event processing, as its tick data management and analytics system.

"We are pleased to offer Gelber Group a comprehensive multi-asset class solution for capturing, storing, cleaning and analyzing its entire universe of data to increase the efficiency and effectiveness of its business," said Richard Chmiel, vice president of global sales at OneMarketData.

"After evaluating multiple data management solutions, we chose OneMarketDatabase's OneTick Database as our data management system to power our market research services due to its scalable architecture, intelligent compression, and ability to provide depth of book data and analytics," said Carl Mahler, head of applications development at Gelber Group. "By leveraging OneTick Database, we can consolidate our data management and analysis to one centralized, high-performance platform."
After a competitive evaluation, Gelber Group chose OneTick Database due to OneTick's intuitive business logic and analytics as well as its low total cost of ownership. Gelber Group also was impressed with OneMarketData's ability to develop and implement a custom data adaptor with ease.

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 allows clients to leverage 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 also compresses, stores and analyzes all kinds of data uniformly - whether it is tick data, daily pricing data, reference data or news data.

In addition, 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.

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