"We are excited to provide Mapleridge Capital with an advanced CEP solution for powering its quantitative, systematic strategies," said Leonid Frants, president and founder of OneMarketData. "OneTick CEP will empower Mapleridge Capital to generate real-time signals and statistics with minimal latency to assist them in identifying trends in the markets they trade."

"To provide short-term trading advice to clients, we need cost-effective software solutions that help our investment professionals in the critical task of developing and managing trading strategies using real time signal generation," said Grant Wells, chief operating officer of Mapleridge Capital. "We thought OneTick CEP is the best CEP engine available to integrate historical data with real-time streaming data for trading and to decrease the time from strategy development to production."

A key reason why Mapleridge Capital chose OneTick CEP is its ability to filter, correlate and aggregate real-time event data in a low latency environment.

Separately, OneMarketData, LLC, the leader in tick data management, analytics and complex event processing (CEP), today announced it has expanded its development team by appointing Louis Lovas, former chief architect of the Progress Apama CEP platform, as its director of solutions. Mr. Lovas will report directly to Leonid Frants, principal and founder for OneMarketData.

"We are excited to welcome Louis Lovas to the OneMarketData team," said Leonid Frants, founder and principal of OneMarketData. "With more than 20 years of experience developing cutting-edge solutions within the CEP and algorithmic trading spaces, Mr. Lovas has the knowledge and expertise necessary to help OneMarketData develop new functionalities that will increase the reach of our leading high performance integrated database and CEP solutions."

Mr. Lovas will be responsible for leading OneMarketData's initiatives in building targeted vertical solutions forfor its leading OneTick Database, CEP and OneQuantData products to provide traders with the functionality they need to effectively perform complex analyses all from a single, unified platform.

Mr Lovas has provided technical leadership for the design and development of many enterprise products, including CEP and database and application server platforms primarily in the financial technology sector. For the past five years he has been the chief architect of the Progress Apama CEP platform, where he was responsible for shaping its strategic vision. He has been a leading voice in the industry on CEP technology and its use in capital markets, focusing on areas such as high frequency trading.

Mr. Lovas joins the OneMarketData team as they continue to grow their comprehensive suite of high performance database and CEP solutions that includes OneTick, the one solution for tick data management, analytics and CEP. OneTick allows clients to use one platform 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 process data, reference data or news. OneTick also empowers users to write real-time queries on streaming real-time and historical tick 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. 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.