University of Oxford Partners with OneMarketData to Create New Data Lab for Financial Research

The University of Oxford today announced it is establishing new facilities to help researchers deepen their understanding of financial systems
By: OneMarketData
 
April 23, 2012 - PRLog -- The University of Oxford today announced it is establishing new facilities to help researchers deepen their understanding of financial systems. The Oxford-Man Institute of Quantitative Finance (OMI)  virtual ‘data lab’ will be powered by OneTick, a single solution for complex event processing (CEP), analytics and tick data created by OneMarketData, LLC. The data lab will mirror the systems already used by commercial financial institutions worldwide to capture, store and analyse vast amounts of financial data, educating the next generation with a range of tools they need to create new economic and trading strategies. The lab is the latest project in the collaborative venture between Oxford and world-leading alternative investment manager, Man Group plc (‘Man’), and an extension of OneMarketData’s academic accommodation policy.  

The new system will support OMI’s academic research, which aims to improve the understanding of the markets and financial systems, find novel methods for assessing and limiting risk while providing the expertise on the algorithms and technology required to execute such analysis. The new lab will allow OMI academics and students to use their own desktop computers to tap into huge amounts of valuable data sources very quickly. Researchers at the Institute carry out work on market volatility, hedge fund liquidity, credit default and systemic risk and are pioneers in computational techniques and new mathematics to optimise portfolios.

Professor Terry Lyons FRS, Director of the Oxford-Man Institute, said, “Markets are complex evolving systems carrying a huge amount of data. Being able to access and manage financial and business data quickly is very important if we are to learn how to address the key problems associated with financial markets and risk in a way that has significant impact. The new system will aid our researchers in gaining a better and deeper understanding of financial markets, their behaviour, their stability and their inter-dependence.”

“OneMarketData is committed to partnering with leading universities around the globe to support their research,” said Leonid Frants, CEO of OneMarketData. “Used by the most sophisticated financial firms in the industry, OneTick is the premier solution for quantitative research and we are thrilled to provide the students and researchers of Oxford with the opportunity to uncover new strategies and fuel new discoveries in the industry.”

The Oxford-Man Institute, set up in 2007, is a unique collaboration in which employees from the University and Man are co-located in the same purpose-designed building. The University and Man have their own separate research laboratories and share communal spaces in which researchers engaged in academic work can mix with practitioners who are at the forefront in commercial application. The Institute draws on researchers from social sciences, mathematics, statistics and the computational sciences to create an improved understanding of financial risk and financial markets.


Notes for Editors:
About Oxford-Man Institute of Quantitative Finance
The Oxford-Man Institute of Quantitative Finance is an interdisciplinary initiative across the University, involving researchers from the Departments of Economics, Engineering Science, and Statistics, as well as the Mathematical Institute, the Computing Laboratory, the Law Faculty and the Said Business School. See: http://www.oxford-man.ox.ac.uk

About Man
Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. Man managed $58.4 billion as at 31 December, 2011. The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 100 Index with a market capitalisation of approximately £2 billion.

Man is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at http://www.mangroupplc.com

About One Market Data
OneMarketData provides market data management and analytical solutions that enable financial institutions to outmaneuver the competition by executing new trading strategies faster.  Through its flagship product OneTick, the only solution that combines complex event processing (CEP) and tick data management spanning both historical and real-time, quants, analysts and traders can enhance alpha and increase performance through superior data management. Through its intuitive, performance-driven design, OneTick users benefit from an enterprise system that was built by Wall Street experts to address the sophisticated data analysis needs of the most discerning financial institutions.  More information is available at www.onetick.com.

Contacts:
University of Oxford Contact:
+44 (0)1865 280534
press.office@admin.ox.ac.uk


One Market Data Contact:  

Erika Rieger
Articulate Communications
+1 212-255-0080 x. 17
erieger@articulatecomms.com
End
Source:OneMarketData
Email:***@articulatecomms.com
Posted By:***@articulatecomms.com Email Verified
Tags:Cep, OneMarketData, Oxford University, Complex Event Processing, OneTick
Industry:Technology, Education
Location:New York City - New York - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Articulate Communications PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share