Kx and First Derivatives sign OEM agreement

The agreement is the latest move in the firms' 10-year relationship during which time FDP acted as Kx's sales partner and provided consulting services to Kx clients. Kx's kdb+ database will be embedded in all FDP's products; this is expected to accelerate implementations and increase productivity. FDP will continue to provide customisation and development for its clients. The first phase of FDP's planned rollout will include applications focusing on market data, complex event processing

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