CoreOne Technologies Announces Partnership with Kx Systems

Financial data management services provider signs OEM license agreement with Kx Systems.

manhattan-new-york-skyline-dawn-chrysler-empire-state-building
CoreOne Technologies is headquartered in New York.

CoreOne will use the solution to manage its growing client data from investment banks, asset managers and other firms in the capital markets.

Kx Systems' kdb+ has a built-in time-series query language called q that allows unified access to streaming, real-time and historic data. The database will be deployed across CoreOne's business divisions and replace legacy databases, managing several gigabytes of data per client.

"The kdb+ high-speed, in-memory analytics is an ideal fit for our clients and adds significant benefit to our reporting framework by greatly reducing query time," said Ishan Manaktala, chief operating officer of CoreOne, in a statement. "We process millions of records a day and require a data platform capable of managing huge volumes of structured data. It was essential to our regulatory service to invest in our application's ability, not only to read incoming transaction data in large volumes but also to quickly perform calculations and generate the analytics required by our clients."

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here