NYSE Tech, First Derivatives Ally for As-a-Service Offerings

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NYSE Technologies, the data and technology arm of NYSE Euronext, is working with Northern Ireland-based data management software vendor First Derivatives to develop a suite of historical data-as-a-service solutions, dubbed Tick as a Service, that will allow efficient access to large stores of historical data for back-testing and compliance analysis.

Officials say Tick as a Service will be the first in a number of historical data services that NYSE Technologies and First Derivatives will jointly offer.

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