Kx Systems Cuts Tick-App Delay

ADMINISTRATION & MANAGEMENT

Kx Systems, a provider of software and database applications for the analysis of real-time streaming data, has released Version 2.2 of its kdb+tick application, which has been improved to eliminate the inherent latency from bulking messages.

Kx chief technology officer Simon Garland says that 80 percent of Kx’s bank and hedge fund clients—the types of firms most concerned with low latency—will use the tool. In many cases, he says, the firms have heavily customized kdb+tick to incorporate thei