About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Chronicle Integrates Latency-Optimised Messaging Framework with KX’s kdb+

Subscribe to our newsletter

London-based low-latency technology specialist Chronicle Software has developed an off-the-shelf integration between its Chronicle Queue messaging framework and KX’s kdb+ high-performance database in partnership with consultancy firm AquaQ.

According to Chronicle CEO Peter Lawrey, over 80% of the Top 100 banks Globally use the company’s Enterprise or Open Source products. Many of these banks are also kdb+ users. The new offering will provide users with a ready-made integration between the two products, something that firms have previously had to build and maintain themselves.

A common use case is where firms need to speed up kdb+ writes, says Lawrey. “They want to be able to firehose data to kdb+ and then have kdb+ pick up that data as quickly as it can. kdb+ processes data a lot quicker if it’s batched, rather than just taking a message at a time. Essentially, clients are using Queue as a big, high-performance buffer, so they can process their data quicker within kdb+”.

Lawrey explains that integrating with third-party platforms such as kdb+ is one of the company’s three main focus areas for the company’s 2021 growth strategy. “We recognise that there is always work to be done by clients when integrating with third-party products. So part of our strategy this year is to provide some pre-built connectors for the most common third-party products we see our clients using.” Potential upcoming integration projects include the Spring Boot framework, Eclipse’s Vert.x toolkit and Apache’s Camel open-source integration framework, Lawrey says.

Another area of focus is in helping firms break down their monolithic applications into microservices, for easier migration to the cloud. “Firms are using Queue to implement their microservices infrastructure, because it’s a very low latency, persistent messaging framework,” he says. “One of the problems with microservices is the overhead in breaking up a monolith into multiple services. We keep that overhead very low and improve performance by breaking up the microservices into much more manageable and tunable chunks.”

The third focus area for Chronicle this year is visualisation. “What we do can be pretty abstract,” says Lawrey. “For example, we care about latency, and often firms can’t see visually how fast their systems are running. Adding visualisation tools will allow our clients to construct and manage latency monitoring services across multiple machines via a GUI, without having to write code.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Leveraging interoperability: Laying the foundations for unique best-of-breed trading solutions

Date: 23 May 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Interoperability on the trading desk promises more actionable insights, real-time decision making, faster workflows and reduced errors by ensuring data consistency across frequently used applications. But how can these promises be kept in an environment characterised by multiple applications...

BLOG

BNY Mellon Enhances AI Capabilities with NVIDIA DGX SuperPOD Deployment

BNY Mellon, in a significant step towards advancing its artificial intelligence (AI) capabilities, has announced the deployment of an NVIDIA DGX SuperPOD, becoming the first major bank to implement such advanced AI infrastructure. This move was facilitated by a strong partnership with NVIDIA Professional Services, allowing for a faster-than-usual setup of the SuperPOD, which includes...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...