KX and ExeQution Analytics Team Up for Trading Analytics Solutions

<p>In
a strategic partnership, KX, known for its vector-native, real-time, and
high-volume time series data analytics, has teamed up with ExeQution Analytics,
a trading analytics company. Together, they aim to develop trading analytics by
using a framework based on the kdb+ time series database. This framework,
covering different aspects of the trading process, merges KX's high-speed,
performant time series technology with ExeQution's experience, offering insights
into trading data.</p><p>The
Demand for Efficient Trading Analysis in Finance</p><p>The
financial industry faces escalating costs, rapidly increasing data volumes, and
complex market microstructures, raising the stakes for institutions. Despite
these challenges, there is a growing expectation for efficient trading
analysis. </p><p>The new framework aims to address these needs, providing customized
analytics and dashboards that identify opportunities to optimize trading
strategies.</p><p>Developed
in q, the powerful KX vector language, the custom ExeQution analytics framework
analyzes data at scale and speed. It enables data scientists, electronic
traders, and engineers to deploy a library of advanced analytics, unlocking the
potential of market data. This insight allows financial institutions to understand
market microstructure, optimize algorithmic trading, and improve overall
performance across their trading operations.</p><p>Ashok
Reddy, the CEO of KX, said: "Combining the power of KX technology with the
proven framework from ExeQution Analytics offers the market a more
comprehensive and effective analytics platform at a critical time." He
emphasized the increasing demand for understanding trading behaviors and
achieving execution performance in the market landscape.</p><p>Cat
Turley, the CEO of ExeQution Analytics, highlighted the importance of adapting to learning-based
trading models. She noted: "In partnership with KX, ExeQution Analytics
has brought to bear a powerful technology that provides financial institutions
with greater insight into market microstructure and trading patterns through
custom analytics and visualizations."</p><p>B2C2
Expands Collaboration with KX </p><p>In
an earlier report, <a href="https://www.financemagnates.com/">Finance Magnates</a>
wrote that the <a href="https://www.financemagnates.com/cryptocurrency/b2c2-expands-its-use-of-kxs-analytical-software/">cryptocurrency
liquidity provider B2C2</a>, owned by Japan's SBI Holdings, had broadened its
collaboration with KX, a provider of database and analytics engines, to enhance
trading analytics and extend its offerings. </p><p>Leveraging
KX's high-performance and real-time analytics solutions, including the <a href="https://www.financemagnates.com/tag/kx/">KX</a> Dashboards visualization
tool, B2C2 aims to provide institutional clients with services comparable to
those offered by traditional T1 investment banks. KX's analytics technology,
built on its proprietary kdb+ solution, enables B2C2 to process vast amounts of
data in real-time, crucial for timely decision-making in the digital asset
market. </p>

This article was written by Tareq Sikder at www.financemagnates.com.