Numerix Integrates OneTick Platform into its CrossAsset Suite

Numerix LLC, a provider of cross-asset Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term for derivatives valuations and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, has assimilated OneTick’s enterprise data management platform into its CrossAsset analytics suite, according to a Numerix statement.

OneTick is a solution for event stream processing and tick data management. The function is used by a variety of trading venues and service providers in the financial industry. Numerix has opted to utilize the OneTick platform to help manage its cache of market data.

The integration is important to existing Numerix customers and users of the CrossAsset Suite given that the OneTick platform will help in a variety of channels, such as helping clients understand, analyze and predict future derivatives risk management techniques.

According to Steven R. O’Hanlon, Chief Executive Officer & President of Numerix, in a recent statement on the integration of OneTick: “OneTick’s powerful data management platform will be a valuable addition to our software suite.”

“It allows us to simplify the market data integration and management process resulting in a more robust, end-to-end system that automates the normalization and cleansing of data. All of this is vital in continuing to provide the industry standard for risk management technology across multiple asset classes,” he noted.

“We are delighted that Numerix is employing OneTick data management and analytics in their risk management software. They have a tremendous track record as a provider of risk analytics technology and as such, they are excellently positioned to fully utilize OneTick’s enterprise data management technology. We look forward to seeing where this collaboration can take us,” added Leonid Frants, President and Founder at OneMarketData in an accompanying statement.

OneMarketData is a comprehensive provider of processing and tick data management. Last week, the company made headlines after it extended its OneTick solution to Danske Bank, one of the largest banks in Northern Europe.