OneMarketData unveils OneTick CEP

Source: OneMarketData

OneMarketData, the leader in tick data management and analytics, today announced that it has integrated OneTick Database with an in-house complex event processing (CEP) engine to create OneTick CEP, a comprehensive solution for processing and analyzing real-time streaming multi-asset class market data.

This new solution supports a wide range of real-time research and trading initiatives, including quantitative research and algorithmic trading.

OneTick CEP seamlessly blends the robust historical tick data management functionality of OneTick Database with the ability to publish real-time streaming analytics and generate live signals. This seamless integration empowers users to run queries that span historical and real-time multi-asset class tick data, as well as analyze query results using an embedded "out of the box" analytical layer that comprises nearly all the standard functions performed on tick data.

This functionality eliminates the need to purchase separate CEP and high performance database systems, which would result in doubling software licensing costs. It also streamlines the quantitative work process by keeping all strategy development, backtesting and signal generation on one high performance platform.

"As high frequency trading continues to spread across asset classes, so does the need for an integrated tick database, analytics and CEP solution that empowers quants to rapidly develop, test and deploy complex quantitative strategies," said Leonid Frants, founder and principal of OneMarketData. "With OneTick CEP, users gain this functionality from one fully integrated platform that not only lowers the total cost of ownership, but also increases productivity by empowering quants to develop and maintain just one set of code for quantitative research, backtesting and real-time signal generation."

Built from inception as a solution for capital markets, OneTick CEP was developed by quants and technologists with firsthand experience in statistical arbitrage and program trading. OneTick CEP is the only solution purposely built from inception to handle the complex enterprise-wide tick data needs of any financial institution, including quantitative research, algorithmic trading, strategy backtesting, historical book reconstitution, real-time aggregated book building, transaction cost analysis, execution quality analysis and more.

With all the standard functionality of OneTick Database, OneTick CEP easily tackles rapidly rising data volumes and real-time data rates, while servicing multiple concurrent user queries on large datasets that span decades. A multi-asset class solution 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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