OneMarketData Unveils OneTick Elastic Analytics

OneMarketData Unveils OneTick Elastic Analytics
25.04.2017 08:00 am

OneMarketData Unveils OneTick Elastic Analytics

Data

OneMarketData, LLC, the creators of OneTick, the premier solution for event stream processing and tick data management, today announced the launch of OneTick Elastic Analytics, a new platform for scalable analytics and data as a hosted service. This offering will showcase how cloud capabilities can support faster analytics, back-testing and client reporting by leveraging elastic cloud resources to support business decisions, compute-heavy processes and development projects.

The use of cloud computing has become increasingly prevalent for many firms, primarily for storage and compute-intensive valuation processes. Along with the obvious cost advantages of cloud versus on-site computing, the additional benefits of employing elastic cloud resources within organizations include rapid scalability and solution flexibility.

“Over the past several years, and particularly since we began providing hosted solutions, the demand among our customers for a public cloud offering has been tremendous,” said Leonid Frants, President and Founder of OneMarketData. “It’s clear to see why – the rapid elasticity gives users an ability to scale massive computing power to their demands in a way that would simply be unimaginable a decade ago.”

OneTick Elastic Analytics is a managed service of normalized and cleansed exchange and OTC data and analytics to support backtesting, algo development, transaction cost analysis, technical studies and charting. It provides on-demand analytics for creating custom datasets using OneMarketData’s market leading enterprise data management.

Related News

Cognitive Credit and IHS Markit enter strategic alliance to collaborate on global credit data services

Cognitive Credit, the UK-based credit analytics software company, is pleased to announce a new alliance that brings best-in-class credit market data from IHS Markit to the... Read more »

Boost to Smaller British Construction Firms as Updates to Sage Accounting Means Teams can Collaborate Wherever They Are, Saving Time, Staying Compliant

Sage, the market leader in cloud business management solutions, today announced new updates to its Small Business Accounting Solution. Designed to support small businesses in... Read more »

Trade Ledger and Equifax extend partnership to support bid for Capability & Innovation Fund (CIF) to transform SME credit scoring

Trade Ledger, the global banking platform, and Equifax, the consumer and business insights expert, have announced an extended partnership for... Read more »

VTB has patented data verification technology for distributed microservice systems

VTB group has received a patent for a mechanism developed by the bank's specialists for validating complex data structures in a microservice architecture. This... Read more »

TIBCO Connected Intelligence Cloud Powers Agile Tool for Safe, Responsible Return to Work

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect,... Read more »

Quant Insight launches Quant Analytics Platform on OpenFin

Quant Insight (Qi), the macro data analytics firm that applies innovative quantitative techniques to financial markets, today announced the firm has launched... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel