Wombat Financial Software, a market data connectivity specialist, and OneMarketData, a tick data solutions provider, have announced a partnership in which Wombat will and integrate OneMarketData’s OneTick solution into its market data platform. OneTick is designed to facilitate intraday data collection, archiving, retrieval and analytics, says OneMarketData.
"OneMarketData's mission is to leverage our first-hand business- side experience and understanding of the tick data management problem to deliver to financial markets not just a product but a single-point solution," says Leonid Frants, CEO, OneMarketData. "We see Wombat as an ideal peer in that respect. Through Wombat's reach across the global capital markets and the strength of its high performance market data and messaging technologies, together we can offer compelling low latency tick capture solutions to satisfy the most demanding of customers."
Wombat is offering OneTick to the market today and is evaluating the product in conjunction with customers. OneTick's order book analytics are combined with Wombat's SuperBook order book aggregator to provide a low-latency and historical order book capture solution.
"The decades of combined front-office experience that OneMarketData brings to the table is clear for all to see by simply accessing their system," says Tony McManus, director of algorithmic trading solutions at Wombat. "We at Wombat are excited to have integrated OneTick into our platform and to be offering it as part of our Wombat Acumen algorithmic trading enterprise solution."