Kx’s Streams for Kx product was acquired by Bandwidth, one of the fastest growing and most innovative communications technology providers in the U.S., to fulfill its real-time systems monitoring requirements. In particular, Streams for Kx is integral to Bandwidth’s Republic Wireless product, which provides consumers access to a cost-effective smartphone solution that uses Hybrid Calling technology to leverage both cellular and Wi-Fi networks for data, talk and text.
Bandwidth needed a solution that would provide views on system statistics, as well as the ability to implement alerts to detect anomalies that may indicate the need to reallocate server resources or investigate unusual usage of the Bandwidth network. This ability to monitor their resources in real time gives Bandwidth’s Republic Wireless team key insights on the efficiencies of their network and allows for better capacity planning as their business grows.
As the volume on the network increases, the number of data points being generated has risen dramatically. Streams for Kx was deployed to capture the pertinent system quality and latency statistics and store the processed information to disk for historical benchmarking.
Republic Wireless staff also benefited from kdb+ training and accreditation, allowing the analysts to develop ad hoc analytics and alerts in house, which are then distributed to the Republic Wireless staff members through the Kx Dashboard visual layer.
Streams for Kx is in use globally at securities companies, trading exchanges and telecom companies to meet a range of business challenges. It is one of the world-class, flagship applications within the Kx suite, a powerful “Big Data” platform, offering capabilities in data analytics, event processing, algorithmic trading, FX aggregation and risk management.
Jim Mulcahy, EVP & General Manager for Republic Wireless, said of the new system: “Streams for Kx from FD offered us the ideal platform for processing the high volume of systems data that passes through our networks. As a result we now have real-time insight into the efficiencies and demands on our network that in turn enables us to better manage our services and continually improve the overall customer experience.”
Brian Conlon, Kx’s CEO, said of the selection of Streams for Kx by Bandwidth: “We are delighted to partner with a progressive technology company like Bandwidth. Although Streams for Kx is used primarily and extensively in the Capital Markets, the flexibility of the technology means that it has applications in other sectors such as gaming, energy, utilities and telecoms. The adoption Streams for Kx by Bandwidth attests to that adaptability and openness.”
Kx has been the software leader for complex analytics on massive-scale streaming data for over two decades. The Kx technology is an established and trusted standard for trading, surveillance and research in financial services. Kx has emerged as the elegant, integrated solution to the analytic needs of the pharma, retail, utilities and high-tech manufacturing industries; scaling effortlessly to the data challenges of the Internet of Things.
With more than 100 major global corporations as clients, Kx works closely with its user group to drive and prioritize its research and development so that it delivers the most innovative software, tools, solutions and services to solve its customers’ business needs. As the Internet of Things creates never before seen volumes of structured machine data, new industries are embracing Kx technology’s proven ability to store and analyze data in real-time.
Kx is a division of First Derivatives plc. Listed on the London Stock Exchange [FDP:LN] First Derivatives is a specialist software and consulting organization with an uninterrupted track record of customer success and profitable growth since it was listed in 2002.
For more information about Kx, please visit www.kx.com.
About First Derivatives
First Derivatives plc (FD) is a global technology provider whose services and solutions are used by many of the world’s largest companies. In addition to Kx, the FD Group includes MRP and Capital Markets Consulting, CMC.
MRP is a global provider of marketing intelligence, software and services. MRP drives sales pipelines and delivers the insights clients need to more effectively sell to their key target markets. CMC supports financial institutions in designing, developing, implementing and supporting a broad range of mission-critical data and trading systems across front, middle and back-office operations. Services are provided both on-site and from its strategically located Near Shore centers.
FD is quoted on the London Stock Exchange (FDP:LN) and has had double-digit revenue growth every year since it was incorporated in 1996. FD has over 1,500 employees around the world, including in London, New York, Tokyo, Singapore, Sydney, Palo Alto, Toronto, Ottawa, Belfast, Dublin, and its headquarters in Newry.
For more information, please visit www.firstderivatives.com.
This article is modified from a press release issued by FD on 21 August 2013.