Gelber Group Selects OneTick for Tick Data Management and Analytics

Gelber Group, a Chicago-based proprietary trading firm, has selected the OneTick product from OneMarketData as its tick data management and analytics system.

"After evaluating multiple data management solutions, we chose OneMarketDatabase's OneTick Database as our data management system to power our market research services due to its scalable architecture, intelligent compression, and ability to provide depth of book data and analytics," said Carl Mahler, head of applications development at Gelber Group in a prepared statement. "By leveraging OneTick Database, we can consolidate our data management and analysis to one centralized, high-performance platform."

The OneTick database is a tick data management, analytics and complex event processing product. OneTick Database can collect and process millions of ticks per second on a single CPU and can archive billions of ticks per day globally, according to OneMarketData. The product can provide uniform access to all tick data, up to and including the latest tick. It is a multi-asset class solution and can allow clients to leverage a graphical user interface to access all data including equities, fixed income, futures, FX and options, as well as full order book data. It also compresses, stores and analyzes data uniformly -- whether it is tick data, daily pricing data, reference data or news data, according to the vendor.

"We are pleased to offer Gelber Group a comprehensive multi-asset class solution for capturing, storing, cleaning and analyzing its entire universe of data to increase the efficiency and effectiveness of its business," said Richard Chmiel, vice president of global sales at OneMarketData in a press release. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio