SIX Financial Information Turns to OneTick for Market Data Platform Re-Architecture

OneTick has been selected by SIX Financial Information, formerly known as SIX Telekurs to be its central, firm-wide repository for storing and running analytics on all global tick data.
By: OneMarketData
 
April 24, 2012 - PRLog -- OneTick Database, a single solution for capturing, storing, and performing financial analytics on historical and real-time tick by tick data, has been selected by SIX Financial Information, formerly known as SIX Telekurs, the financial data vendor that specializes in procuring, processing and distributing international financial information,  to be its central, firm-wide repository for storing and running analytics on all global tick data.  OneMarketData, the founder of the OneTick suite of products which includes the fully-integrated OneTick Database and OneTick CEP engine, announced today that SIX Financial Information will make the OneTick Database a critical component in the re-architecture of its core market data distribution platform.

SIX Financial Information is committed to updating its existing core architecture to better gather information from all the world’s major trading venues, collecting effectively every tick in the world – directly and in real-time, as the firm processes and provides structured and encoded securities administration data for more than 9 million financial instruments. Throughout the Global Enterprise, SIX Financial Information will look to OneTick for enhanced data storage and analysis, relying on OneTick’s efficient, scalable architecture and powerful analytical tools to collect and manage SIX Financial Information’ vast amount of market data and run analytics for distribution to its client base.  In addition, OneTick’s proprietary compression techniques, which combine high compression with efficient retrieval, will enable SIX Financial Information to better manage and store large amounts of incoming data.

“SIX Financial Information collects data directly from hundreds of exchanges and contributors around the world.  In order to stay on top of the growing amounts of information, our data platforms and systems must evolve with the times” said Thomas Gross, CEO SIX Financial Information.  “OneTick is a critical part of our new architecture as it allows SIX Financial Information to keep pace with, and make sense of, the ever expanding quantity of market data that must be processed and refined for our customers.”

“SIX Financial Information choosing OneTick as its global solution is a testament to OneTick’s unsurpassed ability to capture, compress, and archive all market data globally,” said Leonid Frants, CEO of OneMarketData. “The implementation of OneTick will enable SIX Financial Information to leverage OneTick’s powerful built-in financial for quick analysis to keep their competitive advantage in terms of both depth and coverage.”

About OneMarketData
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 http://www.onetick.com.

About SIX Financial Information
SIX Financial Information is a leading global provider of first-rate data services and solutions for financial and insurance firms, corporations and the media. SIX Financial Information aggregates data, directly and in real-time, from over 1000 worldwide sources, covering all the major trading venues. Its financial information comprises reference data, corporate actions, pricing and market data for over 9 million securities and is unique in terms of information depth, breadth and structure. Financial news and customized solutions complement the offering. With offices in 24 countries SIX Financial Information combines the advantages of local presence with global reach to offer a comprehensive data portfolio along with industry knowledge for professionals specialized in investment advisory, portfolio management, financial analysis and securities administration.

SIX Financial Information is part of SIX. On a global scale, SIX offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions. Further information is available at: http://www.six-financial-information.com

Contact:
Amira Abdel Aziz
SIX Financial Information
Marketing Communications
+41 58 399 51 54
amira.abdelaziz@six-group.com
End
Source:OneMarketData
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Tags:Cep, OneTick, Telekurs, OneMarketData
Industry:Technology, Financial, Banking
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