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Refinitiv launches Tick History data on Google Cloud

London-based Refinitiv has announced the launch of its Tick History dataset on Google Cloud Platform in a bid to enable customers to access and analyse the company’s archive of pricing and trading data through Google Cloud’s BigQuery.

Refinitiv’s Tick History dataset provides a detail of the company’s historical tick data taken from real-time content and covers Over the Counter and exchange-traded instruments from all asset classes in around 500 venues.

Catalina Vazquez, Proposition Director, Tick History at Refinitiv, said, “As the cloud delivers on its promise to make AI-based analytics more readily available, the potential of data to deliver answers that drive business performance gets ever greater. Combining Google Cloud’s machine learning tools with Refinitiv’s Tick History data in BigQuery is a step-change for customers looking to develop new trading models, interpret trade patterns or comply with regulations. The cloud is changing the paradigm for the financial community, enabling less time and money spent managing data and more time innovating and getting answers from data that gives a competitive edge.”

According to the supplier, the combination is expected to allow customers to work across large datasets remotely and benefit from the reduced total cost of ownership owing to reduced infrastructure spend. It is also expected to enable customers to build and back-test trading strategies, perform quantitative research and analysis, and meet regulatory and execution requirements.

Adrian Poole, Head of Financial Services, UKI, Google Cloud, said, “At Google Cloud, we are committed to partnering with the industry on solving complex problems. Working with Refinitiv, we are delighted to help the company with the delivery of its customer commitment to provide its datasets on GCP.”

Recently, Saudi Telecom Company selected World-Check from Refinitiv to support its compliance with Know-Your-Customer and Anti-Money Laundering (AML) regulations as it launches a new digital payment solution.

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