IDC estimates that the market for machine learning-related technology will increase from $12.5 billion in 2017 to more than $46 billion in 2020.
The alternative data platform hopes to leverage Richards' more than 30 years of data industry experience.
The vendor will use First Derivatives' Kx technology to provide the underlying analytics and data management for Velocity.
QuantumKDB founder Kieran Lucid was a Kdb+ engineer at First Derivatives before founding the consultancy in 2011.
Kx co-founder Lustgarten will become chairwoman of Kx and join FD's board.
The vendor is pushing its kdb+ database for middle office applications including real-time portfolio risk modelling, monitoring traders' behavior, and reacting instantly to regime-changing market events
Acquisition will accelerate First Derivatives' HTML5 and mobile capabilities
First Derivatives to deliver its Delta Stream data analytics product through EBS trading platforms to all customers.
Newry, Northern Ireland-based data technology provider First Derivatives has increased its shareholding in Palo Alto-based time-series database provider Kx Systems, giving the vendor a majority stake in the company.
First Derivatives has announced the acquisition of a further 46.47 percent stake in time-series database specialist Kx Systems, bringing its overall interest to a majority share of 65.2 percent on a fully diluted basis.
Alternative trading system IEX has selected the Delta software platform from First Derivatives for its trade surveillance and analytics capabilities.
Datactics, a Belfast, Northern Ireland-based provider of data quality software, has appointed former NYSE Technologies managing director Steve Cowler chief technology officer, replacing Sarah Bearder, who has served as CTO since 1999 and will remain as…
Software and consulting services provider First Derivatives has launched Delta Tools, a suite of monitoring, testing and application management tools designed for the Calypso cross-asset trading platform.
Data industry veteran Dale Richards has founded Island 20 Ventures, a Toronto-based advisory firm specializing in financial markets technology, including information products, Big Data, analytics and data management.
Dale Richards, previously a data management executive and strategist at First Derivatives, has founded Island 20 Ventures, based in Toronto
Australian foreign exchange broker Direct FX is rolling out Newry, Northern Ireland-based software and consulting services First Derivatives' Delta Flow product to provide FX rates and order management capabilities to clients of US market data and…
Foreign exchange (FX) agent and Tullet Prebon division Chapdelaine FX has deployed a liquidity hub, supported by UK-based First Derivatives’ Delta Flow technology.
Software vendor and consultant First Derivatives has opened an office in Singapore, with the aim of consolidating its Asia-based activities.
The Australian Securities and Investments Commission (ASIC) has gone live with a market surveillance system from First Derivatives, the vendor has announced.
NYSE Technologies, the data and technology arm of NYSE Euronext, is working with Northern Ireland-based data management software vendor First Derivatives to develop a suite of historical data-as-a-service solutions, dubbed Tick as a Service, that will…
NYSE Technologies, the commercial technology division of NYSE Euronext, will be working with First Derivatives, a provider of software and consulting services based in Northern Ireland, to create a new suite of historical data “as-a-service” solutions.
Newry, Northern Ireland-based data management technology vendor First Derivatives has appointed former SIX Financial Information executive Jonathan Pruett head of strategic business development for the Americas, responsible for expanding the vendor's…
Bret Bange has rejoined the enterprise data management software vendor to take responsibility for its sales in the Americas, after spending more than two years at First Derivatives
First Derivatives has announced that it will register as a swap execution facility (SEF), dealing with foreign exchange (FX) swaps that fall under incoming US regulatory mandates.