OneMarketData Adds Wall Street Horizon Calendar to Historical Repository

The vendor completed the technical integration of the earnings calendar at late last year, and the data will go live on the platform Monday, Jan. 20. The integration will support the back-testing and quantitative analysis activities of its customers by enabling them to view earnings data alongside end-of-day prices, company and product information, corporate actions and trading volumes already available on the platform, says Louis Lovas, director of solutions at OneMarketData.

“Pulling in Wall Street Horizon’s content alongside our daily prices and reference data will allow customers to better understand market movements and the impacts of earnings on daily prices, both in terms of what happened in the past, and as a predictor of the future,” Lovas adds.

OneQuantData combines, cleanses and normalizes multiple feeds from a variety of sources to produce a single consolidated database of historical end-of-day prices for US, European and Asian equity markets dating back to the 1970s, the 1990s and 2009, respectively.

The calendar, meanwhile, covers time-stamped historical, announced, forecasted and as-reported data on single-stock events, including earnings date confirmations, archived earnings calendars, actual earnings results and dividend announcements for 5,000 companies traded in North America, which Wall Street Horizon collates from press release wires, websites and proactive outreach.

“OneMarketData already has historical tick data so clients can go back in time and see what price movements happened, but the next question is why [that happened],” says Todd Richman, executive vice president of sales and marketing at Wall Street Horizon. “The combination of our single-stock events data with their single-stock tick data means that OneQuantData users can now can reconstruct and analyze the impact of historical events on stock prices and volatility—that’s the real value.”

Content Drive
The addition of Wall Street Horizon’s earnings calendar is part of an ongoing push by OneMarketData to broaden the content on OneQuantData, in response to client demand, Lovas says.

“We first introduced this product in 2011, but listening to customers and the market, what stood out was that we were missing data on earnings and earnings release dates, so that’s the biggest reason we wanted to partner with Wall Street Horizon,” to leverage an established earnings calendar, rather than building its own from scratch, he adds.

OneMarketData will continue building out the platform’s content set through 2014, and plans to add sentiment data in the coming months, Lovas says, though he declines to name any upcoming partners.