Palo Alto (13 Jan 1999) – Kx Systems announced today that PricewaterhouseCoopers has agreed to support sales of Kdb, Kx Systems’ new enterprise database manager. Kx will recommend PwC’s New York-based Financial Services Practice to assist new buyers in the installation and implementation of Kdb. Initial sales results have been primarily in the financial services and insurance sectors.
Kdb is a new type of database manager from Kx Systems. It is an RDBMS and an OLAP product, providing high performance transaction processing and optimization of decision support for both relational and time-series queries. Kdb is SQL92 compliant, and goes beyond SQL92 in its expressiveness. It is exceptional for its small size and its ability to manipulate massive amounts of data extremely quickly.
PricewaterhouseCoopers is the largest of the “Big Five” consulting firms, with deep expertise in financial analysis, risk management, custom software development and package implementation. The New York PwC Kdb-team will come from the Financial Services Practice. The PwC contact is Adam Greissman, a director there. Project citations for this group include Credit and Market Risk Management, ERP Implementation (SAP and Peoplesoft), Data Warehousing and Custom Software Development. This practice group has staff deployed in every major banking center, including New York, London, Frankfurt, Tokyo, Hong Kong and Singapore.