The service will use OneMarketData’s OneTick analytics and data management platform and be provided via the ICE Consolidated Feed.
Global exchange and clearing house operator Intercontinental Exchange Inc. (ICE) will provide an on-demand tick data and analytics service using OneMarketData’s OneTick platform and the ICE Consolidated Feed. The platform delivers data and content from over 600 sources around the world.
The OneTick platform provides a hosted solution for both real-time and historical tick data. The suite of tools for time-series data management and real-time event processing generates data used for quantitative research, transaction cost analysis, surveillance, and backtesting.
Its analytics help inform customer quantitative trading and investing strategies, pre-trade models, and also offers an extensive analytics library ideal for:
- Cost analysis
- Market surveillance
- Risk management
ICE Data services will host OneTick, also powered by the ICE Consolidated Feed. The feed provides a single, normalized data source from global markets.
ICE Data Services uses secure, flexible connections to offer pricing and analytics, indices, and exchange data across a wide range of asset classes.
“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.”