TickVault* streamlines distribution of 450 Terabytes of historical data from CME DataMine
CHICAGO and MONTREAL, October 19, 2016 – CME Group, the world’s leading and most diverse derivatives marketplace, and TickSmith, a leader in Big Data applications for Capital Markets, today announced an initiative to improve access to CME Group’s historical data by implementing TickVault* to power CME DataMine.
With more than 450 Terabytes of historical market data, some of it going back to the 1970s, CME DataMine is the official source of the most comprehensive price information available for CME Group markets. It provides a broad array of data types including Market Depth, End-of-Day and Block Trades among others, which can help customers discover insights to capture market opportunity.
“CME Group has always offered customers a robust set of historical data, and working with TickSmith allows us to deliver it efficiently and cost-effectively,” said Craig Mohan, CME Group Managing Director of Market Technology and Data Services. “Our clients now have a simple way to access the data they need.”
“To be usable, data has to be instantly accessible regardless of how much data is involved,” said Marc-Andre Hetu, TickSmith CTO. “With TickVault*, data users can browse a data catalog, subscribe to the content and access it via web interfaces and APIs instantaneously.”
About CME Group
As the world’s leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its exchanges based in Chicago, New York and London. CME Group also operates one of the world’s leading central counter party clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives. CME Group’s products and services ensure that businesses around the world can effectively manage risk and achieve growth.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.
TickSmith, with its TickVault* platform, is a leader in Big Data applications for Capital Markets and financial services. TickVault* is used for data centralization and distribution, compliance, market surveillance, strategy discovery, and analytics.
TickSmith received the 2015 Innovator Award for Best New Hadoop-Based Platform for Management of Brokerage Data by the FIA, the world’s leading trade organization for the futures, options, and cleared swaps markets.
*Our TickVault Platform is ever evolving and is now called the GOLD Platform.
For further information:
- CME Group, Alex Gorbokon, +1.312.930.3193, or Michael Shore, +1.312.930.2363, firstname.lastname@example.org, www.cmegroup.mediaroom.com
- TickSmith Corporation, Francis Wenzel, +1.514.360.6369, email@example.com, www.ticksmith.com