Leonid Frants, OneMarketData
OneMarketData, the creators of OneTick, the solution for event stream processing and tick data management, have announced the launch of OneTick Elastic Analytics, a new platform for scalable analytics and data as a hosted service. This offering aims to show 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.
"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 enterprise data management.