Intercontinental Exchange (ICE) has partnered with OneMarketData to offer real-time streaming tick data and analytics
The company said ICE Data Services will now offer an on-demand tick data and analytics service, utilising OneMarketData’s OneTick platform. Its new service will be provided over the ICE Consolidated Feed, which delivers aggregated real-time data and content from over 600 global sources.
OneMarketData’s OneTick is an advanced platform for real-time and historical tick data. Its extensive analytics library is used for quant research, market surveillance, transaction cost analysis (TCA), trading and risk management.
OneTick analytics will be hosted by ICE Data Services and powered for customers with the ICE Consolidated Feed, offering a ‘cost-effective, on-demand data platform, integrated with low-latency access to normalized information from global markets’ according to the company.
“The industry is seeing an increasing need for real-time and historical tick data to help ensure regulatory obligations are met and optimizing trading algorithms,” said Jeff Banker, Senior Vice President at OneMarketData. “We are very excited to have our OneTick data platform consolidated within ICE Data Services and together will provide an enhanced experience for institutions.”
ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. ICE Data Services offers a broad range of data solutions including award-winning pricing and analytics, indices and exchange data via secure, flexible connections. These services help customers address their investing, trading, compliance and risk management requirements across a broad range of asset classes.
“Our Consolidated Feed gives customers a single, normalized source of data from markets around the world,” said Lynn Martin, President and COO of ICE Data Services. “With the addition of OneTick, we’re able to provide an enhanced hosted solution for real-time and historical tick data and analytics to help power customers’ pre-trade models and quantitative trading strategies.”
OneMarketData is a provider of software solutions for the financial industry. Its OneTick is a comprehensive suite for time-series data management, real-time event processing and analytics to address the most demanding requirements. The company offers solutions for algo trading, quantitative research, market surveillance, tick history and reference data, bestex monitoring, enterprise data warehousing, transaction costs analysis and MiFID II, among others.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
