Tora Deploys OneTickCloud for Managing TCA Data Challenges

Using OneTickCloud makes it easier for Tora to properly manage ever-increasing volumes of historical tick data as it expands its market coverage.

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Gerrit van Wingerden, managing director at Tora, says the vendor's clients view it as a broker-neutral source of TCA services. Tora analyses for clients how well each broker's algorithm performs for them. "The broker will give them the numbers, but by massaging the data or choosing the methodology, any broker can make their own numbers look better than they really are," van Wingerden says. "Our clients look to us to provide an independent source with a standard methodology that's applied

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