CME Group collaborates with Big Data Apps specialist TickSmith to improve access to historical data

International derivatives marketplace CME Group Inc (NASDAQ:CME) has announced that it has signed an agreement with Montreal based TickSmith, a leader in Big Data applications for capital markets, to improve access to CME Group’s historical data by implementing TickSmith’s 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.

Marc-André Hétu, TickSmith

Marc-André Hétu, TickSmith

Craig Mohan, CME Group Managing Director of Market Technology and Data Services said:

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 . Our clients now have a simple way to access the data they need.

TickSmith CTO Marc-Andre Hetu added:

To be usable, data has to be instantly accessible regardless of how much data is involved. With TickVault, data users can browse a data catalog, subscribe to the content and access it via web interfaces and APIs instantaneously.

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