NYSE Technologies secures OneTick deal with Man Group

Date: Thursday, July 9, 2009
Author: Hedgeweek.com

AHL, a quantitative investment manager and a division of Man Group, has selected NYSE Technologies' OneTick solution to serve the needs of its multi-asset class research groups.

OneTick is a tick capture and time-series analysis solution that specifically addresses the tick data needs across an entire business enterprise including algorithmic and low-touch trading, pre and post-trade analysis and statistical arbitrage.

Available as a fully supported product within NYSE Technologies' solutions portfolio, OneTick can be deployed as a standalone system or as a fully integrated component within NYSE Technologies' Market Data Platform.

The system will be used by AHL's research groups based in London and Oxford.

"By choosing NYSE Technologies to provide and support OneTick, we've demonstrated our commitment to maximize our research teams' productivity and ability to innovate, across asset classes and time scales, from sub-millisecond to decades' worth of data," says Peter Lappo, research technology manager for AHL. "Research is core to our position as a global leader in systematic trading. AHL will use OneTick's comprehensive data analytics to help us fulfill our tick capture and time-series analysis needs, as we continue our long history of investment research and ongoing product advancement."

Tony McManus, global head, trading solutions at NYSE Technologies, adds: "Recent regulatory changes, combined with increasingly sophisticated model-driven research and trading techniques, have created an insatiable appetite for high performance, next-generation historical data analysis systems. OneTick is built by statistical arbitrage and algo trading veterans to specifically address these particular challenges and its adoption for AHL's strategically important and mission critical system is testament to its market strength."