Kx Technology Powers Trading Analytics Platform for GIC
December 12 2018 - 1:00AM
Business Wire
Kx announces that it has been selected by GIC, Singapore’s
sovereign wealth fund, to innovate and enhance its trading
analytics offering. Using Kx technology, GIC has implemented an
advanced enterprise trading analytics platform which will extend
GIC’s strategic capabilities and allow it to analyze multi-asset,
multi-frequency market data in real-time.
The GIC trading analytics platform is built upon kdb+, the
world’s fastest time-series database for high-performance
streaming, real-time and historical data analytics. Kx technology
is used throughout the underlying architecture of the platform
which includes data loading, validation mechanisms to protect the
integrity of the database and system performance monitoring
functionality.
Jeffrey Tan, Head of Global Trading Unit for GIC said:
“We are delighted to work with Kx to build our bespoke multi-asset
analytics platform which combines GIC transaction data with
multi-frequency market data for in-depth execution research,
reporting and evaluation. The platform, which is part of a broader
strategy to enhance our trading infrastructure, also supports
real-time use cases, superior system performance and an open
architecture for integration with other systems.”
Brian Conlon, CEO of Kx said: “GIC is impressive in its
commitment to technological innovation and excellence. Its team has
built a powerful system for large-scale, real-time analytics with
Kx at the core – giving greater insights into complex trading
operations. The forward thinking approach fits perfectly with the
Kx ethos and we are delighted to power their innovative
platform.”
About Kx
Kx is a division of First Derivatives (FDP.L), a global
technology provider with 20 years of experience working with some
of the world’s largest finance, technology, retail, pharma,
manufacturing and energy institutions. Kx technology, incorporating
the kdb+ time-series database, is a leader in high-performance,
in-memory computing, streaming analytics and operational
intelligence. Kx delivers the best possible performance and
flexibility for high-volume, data-intensive analytics and
applications across multiple industries. The Group operates from 14
offices across Europe, North America and Asia Pacific, including
its headquarters in Newry, and employs more than 2,400 people
worldwide.
For more information about Kx please visit www.kx.com.
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