First Derivatives PLC Formation of FD Labs (5937Y)
September 10 2015 - 1:00AM
UK Regulatory
TIDMFDP
RNS Number : 5937Y
First Derivatives PLC
10 September 2015
10 September 2015
First Derivatives plc
("FD" or the "Company")
Formation of FD Labs
FD (AIM: FDP.L, ESM: FDP.I), a leading provider of software and
consulting services, announces the formation of FD Labs, its new
R&D division based in Ottawa, Canada.
Collaborating with FD's global product teams, the mission of FD
Labs will be to identify, innovate and develop new software product
opportunities in key emerging areas such as SaaS analytics, Fast
Data visualisation and the Internet of Things. It will also focus
FD's global expertise in embedded software, programming languages,
Cloud/SaaS environments, User Experience and IDE technology,
machine learning and predictive analytics.
FD is also pleased to announce that industry luminary Dave
Thomas and his long-time collaborator Dr. Brian Barry are both
joining FD and will play key roles in advancing its innovation
agenda. Dave will become FD's Chief Scientist with responsibility
for new product strategy, technology outreach and evangelism. Brian
will become Head, FD Labs with responsibility to manage and grow
the Labs.
Dave Thomas commented: "The power and elegance of kdb+ has been
understood for many years in the world of high performance finance.
FD now has a unique opportunity to lead the way and expand the
reach of kdb+ into exciting new markets such as the Internet of
Things, Cyber Security, Visual Analytics and Pharma."
Brian Conlon, Chief Executive Officer of FD, commented:
"Industry dynamics are moving in our favour as enterprises embrace
streaming analytics, which plays to the strengths of kdb+. We are
excited to have two of the IT industry's most respected pioneers on
our team helping us advance the development of the world's leading
structured database with a feature-rich enterprise platform that
makes the technology straightforward to develop and manage."
Enquiries
For further information please contact:
First Derivatives plc +44(0)28 3025 2242
Brian Conlon, Chief Executive Officer www.firstderivatives.com
Graham Ferguson, Finance Director
Ian Mitchell, Head of Investor Relations
Investec Bank plc
(Nominated Adviser and Broker)
Dominic Emery
Carlton Nelson
Sebastian Lawrence +44 (0)20 7597 4000
Goodbody (ESM Adviser and Broker)
Linda Hickey
Finbarr Griffin +353 1 667 0420
Walbrook PR
Paul Cornelius / Nick Rome / Helen
Cresswell / Sam Allen +44 (0)20 7933 8780
About FD
FD is a global technology provider with nearly 20 years of
experience of working with some of the world's largest finance,
technology and energy institutions. FD is the developer of the
world-leading database technology kdb+. FD employs over 1,400
people worldwide and has operations in London, New York, Stockholm,
Singapore, Hong Kong, Tokyo, Sydney, Palo Alto, Toronto,
Philadelphia, Belfast and its headquarters in Newry.
For further information, please visit
www.firstderivatives.com
Dave Thomas, Chief Scientist, FD
Dave is co-founder and past Chairman of Bedarra Research Labs
(BRL), creators of the Ivy visual analytics workbench. Prior to
this he was founder and past CEO of Object Technology International
(OTI), becoming CEO of IBM OTI Labs after its sale to IBM. With a
distinct ability to translate research into competitive products,
he is known for his contributions to Object Technology including
IBM VisualAge and Eclipse IDEs, Smalltalk and Java virtual
machines. Dave is a renowned keynote speaker with an impressive
breadth of business experience and technical depth. He is a thought
leader in large-scale software engineering and a founding director
of the Agile Alliance. An Association of Computing Machinery
Distinguished Engineer with close links to the R&D community,
Dave is an adjunct research professor at Carleton University in
Canada and has held past positions at UQ and QUT in Australia. He
has been a business and technical advisor to many technology
companies including Kx Systems. Dave is founder and Chairman of the
YOW! Australia and Lambda Jam conferences, and is a GOTO Conference
Fellow.
Dr. Brian Barry, Head, FD Labs
Brian is co-founder and past CEO of Bedarra Research Labs. Prior
to this he held several executive positions at Object Technology
International (OTI) including Chief Scientist and CTO. He became
President of IBM OTI Labs after OTI's acquisition by IBM and later
succeeded Dave Thomas as CEO. Under their leadership, OTI developed
the Eclipse Platform, J9 Java VM, IBM VisualAge for Java, and IBM
VisualAge MicroEdition for embedded systems. Brian's published
research reflects a broad spectrum of interests spanning
simulation, Object-Oriented applications, systems integration,
embedded systems and software engineering. He co-authored the ANSI
Smalltalk standard, and has been an active participant in research
granting boards and conference committees. Brian has a long history
of involvement with open source software, and is a founder of both
the Eclipse Foundation (www.eclipse.org) and Open Health Tools
(www.openhealthtools.org), where he served as CTO from its
inception until 2014. He holds a Ph.D. in mathematics from Queen's
University.
This information is provided by RNS
The company news service from the London Stock Exchange
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