NEW YORK, March 1, 2022 (GLOBE NEWSWIRE) — MayStreet, a leading market data technology and content provider, today announced the launch of next-generation Analytics Workbench, its ready-to-use, cloud-based market data. announced the release of Analysis environment. Through Analytics Workbench, data analysts can quickly and efficiently query the MayStreet Market data lake to drive mission-critical trading workflows without managing data capture, distribution, and storage.
Key features of the new Analytics Workbench include:
Query and extract data using Python or R for analysis within Workbench or elsewhere, whether in the cloud or on-premises Take advantage of preconfigured Jupyter® notebooks for immediate use Supports query functionality Performs ad-hoc analysis Schedules batch jobs to support ongoing reporting requirements Instantly parallelize and scale ad-hoc or scheduled code across the cloud with integrated support for Dask clusters In-house Upload order data or other third-party data and leverage it in combination with MayStreet market data to support TCA, fill analysis and best execution reports Query results provided in normalized PCAP format or raw PCAP format and reporting with powerful visualization tools Flexible deployment options that are fully managed within MayStreet’s cloud environment or integrated within the client’s cloud Optimized cluster parallelism to achieve performance goals
Naftali Cohen, Chief Revenue Officer at MayStreet, commented on the announcement: “The completely redesigned Analytics Workbench delivers on our goal of empowering users to query our data and freeing them from the difficult and costly task of managing it themselves. For the first time, a vast repository of quality global market data is accessible in an out-of-the-box environment that leverages the economics of the cloud, and is highly customizable, allowing clients to tailor their desired level of performance. The new Analytics Workbench is a real game-changer for capital markets data analysts.
Dave Thompson, senior vice president of front-end engineering, added: “In the process of redeveloping Analytics Workbench from scratch, we identified several tools that could improve its performance, functionality, and scalability, including Dremio, Dask, and Jupyter. Together, we’ve been able to create a truly modern data access and analytics tool built for the cloud. Over the past 18 months, we’ve had many conversations about what our customers want from a product like this. However, I am very happy with the final result.”
The new version of Analytics Workbench is currently being used by multiple clients, including global investment banks, exchanges, and quantitative hedge funds. MayStreet expects more customers to start using the product in the coming weeks. Analytics Workbench was used by market structure researchers Robert Bartlett, Justin McCrary, and Maureen O’Hara in a recent paper on the impact of odd-lot market rates.
“Thanks to MayStreet’s comprehensive and high-quality exchange data, we have been able to document the critical importance of fractional shares in today’s stock markets, especially for high-priced stocks,” said Berkeley Center for Law, Business and Economics. said Faculty Director Bartlett. “Without reliable access to all exchanges’ historical data feeds, such an investigation would not be possible given that these quotes are excluded from the SIP data.Additionally, using MayStreet’s Analytics Workbench, This gave us the computing power we needed to quickly process huge amounts of data.”
The release of MayStreet’s Analytics Workbench is the latest in a series of enhancements to MayStreet Market Data Lake. Other recent enhancements include access via the new High Performance Query (HPQ) API, the introduction of full ledger data for all US-listed options markets, and the addition of global This includes completing coverage and more. Asia Pacific market.
About May Street
MayStreet provides the highest quality and most complete global market data available. The company’s solutions include highly accessible Market Data Lake feed repositories and Bellport Enterprise feed handlers that deliver trade data when, where, and how market participants prefer, delivering the most from their trade data. can create value. MayStreet frees clients from the difficult and costly task of sourcing and processing market data, leading to lower total cost of ownership, improved decision-making, and increased performance. For more information, please visit maystreet.com.
