Société Générale Corporate & Investment Banking’s foreign exchange trading desk has teamed up with OneTick a leading institutional data analysis firm offering its tick data management and complex event processing solution from US based OneMarketData. This will improve data processing and analysis for algorithmic strategy development and testing.
Soc Gen has been enhancing its FX offerings and recently was added as a liquidity provider for FX Options.
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The partnership with OneMarketData should lower transaction costs and be a more efficient process for an increase in volumes.
In addition to complex event processing the OneTick service offers a multi-threaded architecture which delivers high performance, this means that clients require a smaller hardware footprint to run the system.