NYSE Technologies introduces Market Data Analytics Lab
First Published 18th May 2012
NYSE Technologies introduces solution for analyzing financial market data
NYSE Technologies has introduced the Market Data Analytics Lab, an extension of NYSE Technologies' TAQ Historical Data offerings, which is a centralized, hosted database granting access to TAQ Data Sets, with a complex range of analytical and quantitative capabilities.
As the size of historical market data files continue to grow, so
does the cost of storage and maintenance, Market Data Analytics
Lab aims to meet the demand for a more cost-effective solution
for analyzing market data,
Customers can access the same TAQ data they are accustomed to, but in this hosted environment, which allows them to perform analytics prior to downloading into their own environment. This is intended to reduce the complexities associated with bandwidth requirements and contribute to a significant cost reduction.