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OneTick© is a software solution for tick data management and market data analytics developed by OneMarketData. It combines a proprietary time series database, real-time complex event processing (CEP) and financial analytics. OneTick provides asset-class neutral market data capture, storage as well as reference data primarily focused on the capital markets industry within finance.

OneTick is used for the quantitative analysis of time series financial data. It allows for extracting meaningful statistics to characterize data relationships, detect patterns and possibly predict future values unique to the temporal nature of time series data. It has been used in academic research for the investigation of market volatility and risk[1] and for the supporting analysis of machine learning methods for high frequency trading.[2].

OneTick queries can be written using a acyclic directed graph or in standard code (C++, java). Data can be sourced from either real-time markets or historical time series.

The need for high-performance tick databases continues to grow as traders continue to move towards electronic and algorithmic trading. Quantitative researchers face numerous data management challenges[3] to address increasing volumes in real-time and historical market data due to increased granularity, changing schemas, consolidation and order book complexity. Additionally, new best execution requirements driven by Reg. NMS[4] and MiFID[5] have increased the need for institutions to manage large amounts of real-time data in transparent environments that adhere to new compliance requirements. As such, time series databases have become more prevalent within the financial technology landscape.[6]

History

OneTick was launched in 2005 by Leonid Frants, Ph.D., who has spent more than 15 years building enterprise financial data management systems for statistical arbitrage, algorithmic trading and program trading departments of Goldman Sachs.

After building the financial data management system to support the quantitative data needs for the entire sell side of Goldman Sachs, he founded OneMarketData[7]

Key features

OneTick is designed for time series data management with specific features unique to financial data. This includes order book structured data and the ability to account for corporate actions (i.e. a stock split), exchange calendars and differing symbols formats within the stored data.


Awards

OneMarketData was awarded the Buy-Side Technology award for Best CEP Product of the year 2011 for its OneTick product. [8]

OneMarketData was awarded the Inside Market Data award for Best Contract Win of the Year for its deal for OneTick with Barclays Global Investors in 2009.[9]

See also

References

External links

This article uses material from the Wikipedia article OneTick, that was deleted or is being discussed for deletion, which is released under the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Author(s): 66.162.64.130 Search for "OneTick" on Google
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