FD announces a strategic acquisition to expand its Telco product offering
11 Dec 2017
FD (AIM:FDP.L, ESM:FDP.I) announces that it has acquired the entire issued share capital of Telconomics09 S.L (“Telconomics”), a privately-held provider of telco analytics software, for a total consideration of up to €2.5m. The acquisition is expected to be earnings enhancing in its first full year and forms part of the Group’s continuing strategy to target
First Derivatives and BGF support high-growth tech company, AuditComply
5 Dec 2017
A high-growth software company headquartered in Belfast has become the first business to benefit from technology and investment as part of the strategic partnership between First Derivatives and BGF. AuditComply will use the new funding from BGF and existing investors Clarendon/CoFundNI together with First Derivatives’ Kx technology to accelerate its growth.
Kx strengthens FX Platforms business with appointment of Richard Kiel as Global Head of Forex Solutions
27 Nov 2017
Kx, a division of First Derivatives plc (AIM:FDP.L, ESM:FDP.I), announces that it has strengthened its leadership team with the appointment of Richard Kiel as Global Head of Forex Solutions. Rich will be responsible for growing Kx’s Forex Platforms business including Trading, Aggregation, Price Distribution, Smart Order Routing, and Pre- and Post- Trade Data Analytics and
Kx acquires rights to Enlightenment Research’s PyQ interface to Python for kdb+
15 Nov 2017
FD (AIM:FDP.L, ESM:FDP.I) announces that its Kx Systems division has acquired the rights to PyQ from Enlightenment Research LLC. PyQ, or Python for kdb+, is a set of software components that simplifies the running of a Python interpreter embedded in a kdb+ server. Kdb+ is an in-memory, time-series database with a built-in programming language called
Kx parent, FD announces announces Interim results for the six months ended 31 August 2017
7 Nov 2017
FD (AIM:FDP.L, ESM:FDP.I) today announces its results for the six months ended 31 August 2017. Strong growth in software revenue, up by 32% to £52.2m (H1 2017:£39.5m), with recurring software revenue up by 44% to £19.6m (H1 2017: £13.6m). Strong demand and strategic progression in Managed Services and Consulting with revenue growth of 8% to £35.6m (H1 2017: £32.9m).
Kx selected by Red Bull Racing for Sensor Analytics
6 Nov 2017
Kx parent FD announces that it has been selected by Red Bull Racing as a team supplier for the use of its Kx technology to analyze sensor data from its Formula 1 vehicles. Initially, Kx will be deployed for the analysis of wind tunnel data, a critical element in the development of faster, more competitive F1 cars.
It is intended that Red Bull Racing will use Kx for a range of purposes including wind tunnel experiments and the analysis of in-race data to enable real-time decisions during Grand Prix races.
Kx parent FD awarded top UK Tech Company of the Year 2017
2 Nov 2017
Kx is pleased to announce that its parent company, First Derivatives plc (FD), won the top UK Tech Company award at the UK Tech Awards 2017 gala on 2 November 2017.
The annual UK tech awards "celebrate success, reward achievement and raise the profile of the UK tech community. Companies which are eligible for the awards include not only publicly quoted technology companies on the London Stock Exchange’s Main Market, but also AIM tech companies and fast growing and innovative private tech companies," according to the awards group.