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 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.

Kdb+ powers trading platform for BitMEX high-frequency Bitcoin exchange

29 Jun 2017 | , , , ,

LONDON/PALO ALTO, CA (29th June 2017) – Kx Systems, a subsidiary of First Derivatives plc (FD), and provider of the industry-leading kdb+ time series database, announces that Bitcoin Mercantile Exchange (BitMEX), a cryptocurrency derivatives exchange, has expanded its use of kdb+ within its trading platform. Kdb+ is widely used in the financial services industry to

Kx parent, First Derivatives announces preliminary results for the year ended 28th Feb 2017

16 May 2017 | , , , ,

FD (AIM:FDP.L, ESM:FDP.I) today announces its results for the year ended 28 February 2017. Strong growth in software revenue, up 47% as a result of new contract wins and continued penetration of the existing customer base. Our Software division, branded as Kx technology, grew by 47% powered by 55% growth in FinTech and 39% growth in MarTech, where our offering is delivering on early potential

Kx parent First Derivatives enters Retail Analytics Market

9 Nov 2016 | , , , ,

Kx parent First Derivatives plc has entered the retail analytics market, using its Kx technology as a platform to develop solutions under a team of recently recruited leading retail technology specialists. The move opens up an addressable opportunity which, according to MarketsandMarkets, is expected to grow at 19% per annum to be valued at more than $5 billion per annum in 2020.

Management transition at Kx Systems Inc.

24 Nov 2015 | , , , , ,

Palo Alto (Nov 24, 2015) – First Derivatives plc subsidiary Kx Systems, a leader in high-performance database and time-series analytics, today announces some key management changes. The changes follow a recent board review of First Derivatives’ wider group leadership focussed on delivering strategic priorities, customer benefits and sales and marketing efficiencies. Kx Systems CEO and