OneMarketData, today announced that SBI Securities of Japan has implemented OneTick with the help of system integrator Intelligent Wave Inc. (IWI).
OneTick, a single solution for complex event processing (CEP), analytics and tick data that spans both historical and real-time, will form a critical part of SBI's overall trading platform which also includes IWI's Will-TradeFeed Handler/Cache system as well as the Informatica Ultra Messaging (UMS) system. This platform will provide flexibility to roll out services in the areas of online charting and visualizations, order management, trade capture and analysis as well as automation of internal compliance and system checks.
"As a growing number of exchanges in the Asia Pacific region open up to higher velocity trading, more and more institutional and retail investors are anxious to take advantage of the increased liquidity, attractive spreads and relaxed regulations which is fueling the need for market data storage and analysis," said Richard Chmiel, Senior Vice President, OneMarketData. "SBI Securities of Japan adopting OneTick is sure to be the first of many as we anticipate more and more firms in Asia will be looking for new ways to outsmart their competitors."
Built from inception as an integrated system, OneTick 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 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.