Kx Systems' kdb+ was picked by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) to perform trading analytics.
Kx Systems will work with the Laboratory for Financial Innovation, which creates market performance reports on key measures of the SZSE's operations, to construct a data analysis platform for market risk assessment, analysis of market performance, trading simulations and other data analysis.
"The complex and innovative analytic problems that the Laboratory for Financial Innovation at SZSE is solving with kdb+ showcase the opportunities for our software in the Asian market," says Janet Lustgarten, CEO of Kx Systems. "It will be developing systems with kdb+ that are at the cutting edge for exchange surveillance globally."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails