DATA ACCESS AND PROCESSING SYSTEM

This invention provides a distributed data analysis system for use in analysing Limit Order Book (LOB) data. The system include a virtual machine interface module for creating at least one virtual machine. Each virtual machine is configured to create at least one compute unit for processing the LOB data. Each compute unit and the LOB data is collocated. The system includes an update module for updating the LOB data from at least one electronic trading venue. A monitoring module for tracking the activity of at least one user on the system is also provided. A software library module having at least one algorithm for processing and/or analysing the LOB data, is also provided. The system is implemented in a cloud computing environment.