OneMarketData, a specialist in tick data management and analytics, this week announced a significant boost in investment and hiring to support “unprecedented” demand for its OneTick solutions.
OneTick has made a notable hiring push for new technical talent recently, to support its burgeoning regulatory solutions business and its expanding trade surveillance solution.
The company has an immediate opening for dozens of new software development positions and plans to increase its engineering headcount by over 60% throughout the year as it marks a record number of new client wins: including a major regulatory agency, a US$50 billion+ hedge fund, a North American exchange, a Belgian bank and a major Swiss bank. It has also significantly expanded its existing deployment for one of the world’s largest stock exchanges.
Key milestones include the appointment of former Credit Suisse VP (and former OneTick client) Shailesh Dwivedi as head of buy-side regulatory solutions in May this year, with the remit to drive innovation and expansion in OneTick’s buy-side offerings.
The firm also launched a new streaming/real-time surveillance feature that can scale for high-frequency data while keeping false positives in check; along with introducing new nanosecond level event-by-event order book replay functionality.
“Today OneTick is deployed by more than 150 capital markets customers around the world who rely on our solutions to deliver value across all asset classes,” said Dermot Harriss, senior vice president of regulatory solutions at OneMarketData.
“Our record new client wins for OneTick Trade Surveillance and the significant expansion of our regulatory solutions offering reflects our commitment to help our clients meet their most complex data, analytics and regulatory needs. We’re proud to make these considerable investments in 2023 to support customer success, technology growth and adoption.”
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