Standard Chartered chooses Nyse Technologies for OneTick implementation

Source: Nyse Technologies

Nyse Technologies, the commercial technology division of Nyse Euronext (NYX) and innovator in high-performance market data products, today announced a collaboration with Standard Chartered PLC, a banking leader in Asia, Africa and the Middle East, to develop sophisticated FX trading analysis capabilities using the OneTick tick capture and time-series analysis application.

"NYSE Technologies is proud to work with Standard Chartered on this project," said Peter Tierney, Senior Vice President, Asia Pacific, NYSE Technologies. "OneTick provides unmatched speed, functionality and modeling capabilities for Standard Chartered's high speed, automated FX trading business. In this project, NYSE Technologies will help Standard Chartered deploy sophisticated, flexible tick capture and historical analysis capability throughout its global operations."

"We are very pleased to work with NYSE Technologies," said Richard Kirby, Global Head - Financial Markets Technology Infrastructure, Standard Chartered. "Our business demands a high degree of customization combined with highest possible performance. We conducted a comprehensive proof of concept and we were very pleased with how the NYSE Technologies / OneTick solution was able to integrate seamlessly with multiple internal platforms and offer the performance and flexibility our users, developers and traders demand."

NYSE Technologies is an authorized value-added reseller of OneTick, a best-of-breed product 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 effectively deployed as a stand alone system or as a fully integrated component within the award winning* NYSE Technologies' Market Data Platform.

The solution's state-of-the-art compression archiving and sophisticated tick by tick historical analysis functionality provides Standard Chartered with unparalleled historical simulations for developing effective trading strategies and building precise transaction cost models. OneTick integrates real-time FX data from multiple systems within Standard Chartered's operations as well as external FX venues.

 

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