Kx Systems announced new speed gains for its kdb+tick application, which the firm claims eliminates the latency between data capture and data analysis.

"Today's onslaught of tick data streams in constantly from multiple exchanges worldwide. The trading firm that acts on this data faster stands to make enterprising trades microseconds ahead of the competition," said Simon Garland, Kx CTO. "Zero-latency kdb+tick makes streaming data usable in applications immediately."

The kdb+tick 2.2 solution removes the traditional delay between the capture of streaming data and its availability for applications, enabling traders to receive every single tick instantly. Applications written using kdb+tick can, for example, update a spreadsheet in real time with every tick that streams in.

Matthew Rock, director of IT at Dresdner Kleinwort Wasserstein, says, "We rely on the capture speed and fast, flawless time-series analysis in kdb+tick to develop unprecedented trading models, to back-test trading strategies, and to position DrKW for superior program trading."

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