Brazil's Alliance Asset Management Selects OneTick CEP and Database

Alliance Asset Management, a proprietary trading firm in Sao Paulo, Brazil, selected the OneTick CEP (Complex Event Processing) and database to power its quantitative research and algorithmic trading.

After evaluating all other individual CEP and database contenders, Alliance chose OneTick for its fully integrated CEP and database functionality, as well as overall functionality and total cost of ownership. With OneTick, users could run analytics and signals on real-time streaming data as well as run queries on all necessary historical data with the click of just one button, according to the release.

“As one of the first Brazilian firms to enter the high frequency trading space and the first firm to co-locate with the BM&F, we pride ourselves in developing advanced quantitative strategies that are supported by cutting-edge technologies,” commented Vinicius D'alesandro, partner for Alliance Asset Management, in the release. “When we found OneTick, we immediately knew we had something special. OneTick is the only system with a true CEP engine completely integrated with its high performance database and analytics library, allowing us to use just one system to build queries rapidly – eliminating errors associated with maintaining multiple code sets, and abolishing costs associated with purchasing and integrating disparate systems.”

Alliance plans to use OneTick CEP and database to support its entire quantitative research, development and evaluation process. According to Alliance in the release, OneTick’s integrated CEP and database solution will allow users to rapidly analyze real-time and historical data as well as perform real-time trading signal generation, enabling them to uncover new sources of alpha and increase the profitability of their strategies.

According to Richard Chmiel, VP of sales for OneMarketData, in the release, OneTick is the only CEP and database solution built from inception as a single research and real-time signal generation platform. This enables the client to accelerate strategy development by "leveraging one integrated system to complete disparate tasks taht once required two distinct platforms."

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio