OneTick has been created to handle the complexities of cross asset class tick data from many different sources. OneTick requires significantly less setup and management effort to operate than previous generation platforms. Furthermore, OneTick’s approximately 5-to-1 compression ratio will provide significant total storage cost savings.
Wombat and Onemarketdata have linked their platforms through Wombat’s Mama and Mamda APIs and will combine their complementary strengths in a number of ways, including the combination of OneTick order book analytics with Wombat’s SuperBook order book aggregator to provide a low latency and historical order book capture solution.
Tony McManus, director of algorithmic trading solutions at Wombat, said: OneTick is truly unique because it is the only market data analysis and tick capture solution that was designed, built and deployed from day one for the capital markets sector. We at Wombat are excited to have integrated OneTick into our platform and to be offering it as part of our Wombat Acumen algorithmic trading enterprise solution.