Achieving High Quality Data for PCAP Tick Data

This technical report outlines the critical aspects of achieving high-quality data for PCAP tick data, focusing on the processes employed by Refinitiv Tick History. It begins by defining data quality and its importance in supporting various financial use cases. The report details the essential components of data quality, including accuracy, accessibility, completeness, latency, and usability. It describes how Tick History – PCAP ensures accuracy through direct connections to exchanges and nanosecond-precision timestamps. The report also explains the redundancy in data capture across multiple sites to maintain completeness and resiliency. Additionally, it discusses the data capture process, emphasizing the need for continuous monitoring and issue resolution to uphold data integrity. The onboarding process for new data feeds is also highlighted, showcasing the steps taken to ensure high-quality data from the outset. Overall, the report presents a comprehensive view of the methodologies and technologies that underpin Tick History – PCAP's commitment to delivering high-quality market data.