Sell-Side Technology Awards 2022: Best sell-side analytics product—KX

OVERVIEW

The KX Real-time Analytics platform is used by tier-1 banks, hedge funds, trading houses and exchanges for high-volume, data-intensive analytics and applications. KX has also been used by a global oilfield services company for the provision of operational intelligence for its clients’ oil and gas field assets. In March 2021, KX launched KX Insights, a cloud-native platform for real-time performance and continuous actionable intelligence. The platform runs natively on all hyperscale cloud platforms, including Google Cloud, Amazon Web Services and Microsoft Azure. KX Insights offers users the benefits of cloud-based computing for ultra-high-performance analytics, allowing organizations to upscale their real-time decision-making capabilities and implement an operating model of continuous actionable business intelligence. KX Insights is built on the kdb+ time-series database and can be configured with a few clicks. 

THE SOLUTION

The KX Real-time Analytics platform, featuring the firm’s time-series database at its core, offers users a fast, simple and flexible solution to their analytics challenges. The capital markets continue to see increased demand for surveillance, regulation and governance functions. This, in turn, is driving demand for innovative solutions that have the ability to ingest and analyze ever-growing data volumes at increased speeds. One client stated: “There are vistas in our business that have opened up as a result of the capabilities we get out of the KX platform.”

The KX product suite has been designed to allow users to analyze enterprise data that was formerly accessible only through specialized database administrators.

WHY THEY WON

Data analytics―the ability to interrogate large, complex and fast-moving datasets with the view to identifying hidden signals or trends within the data―is one of the most critical business and operational differentiators firms can leverage. KX wins this category thanks to its KX Real-time Analytics platform, designed to analyze and visualize real-time and historical data in ever-growing volumes at ever increasing speeds.