Optiver implements OneTick in Asia Pacific

Source: OneMarketData

OneMarketData today announced that Optiver, a global market making firm, has implemented OneTick, a single solution for complex event processing (CEP) and tick data that spans both historical and real-time, throughout their Asia Pacific division.

Optiver will employ OneTick's powerful analytics tools for their quantitative research and strategy development. It is the first vendor solution of its kind used by the firm, capable of generating trading signals based on both historical and real-time tick data.

"Given the growing importance of data analysis to our operations, Optiver conducted a thorough search for the solution that could best support our business," said Aaron Beverley, project manager for Optiver. "OneTick's comprehensive functionality, high performance and intuitive design combined with its ability to draw on real-time and historical data will help us to identify and act on unique trading opportunities throughout Asia."

"Firms across the Asia Pacific region are increasingly embracing quantitative market making and turning to OneTick to help drive this activity," said Richard Chmiel, senior vice president, OneMarketData. "Optiver selecting OneTick is reflective of the product's ability to help quants adapt to changing conditions and recognize opportunities in real-time. We are pleased to be working with such a leading firm."

Built by Wall Street veterans to meet the unique needs of the financial services industry, OneTick is the only CEP solution that integrates CEP with a tick database, ensuring that quants, analysts and traders can benefit from the full strength of the data at their disposal. Featuring an intuitive, performance driven design, it provides users greater freedom for analysis, rather than just process data, supporting improved performance and increasing profits. 

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