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

Kx Systems Enhances kdb+ with Encryption and Google Snappy Compression

Subscribe to our newsletter

Kx Systems, a subsidiary of First Derivatives and supplier of high performance data management and analytics technology, has released version 3.4 of its kdb+ database with the inclusion of encryption, an additional compression algorithm and the latest upgrade of Microsoft’s Open Database Connectivity (ODBC) interface.

The additions in release Kx v3.4 are a response to client feedback and are expected to provide immediate benefits to kdb+ users. The encryption feature uses TLS/SSL protocols to secure connections to the database, the upgrade to Microsoft ODBC 3.8 allows integration with visualisation tools such as Tableau, and the addition of Google’s Snappy compression to existing compression algorithms allows data to be compressed up to 25% faster than other methods.

Simon Garland, chief customer officer at Kx, explains: “The main feature clients have been asking for is encryption. The addition of TLS support provides secure connections that are vital as financial institutions face ever greater cyber security challenges and banks must meet regulatory requirements around cyber security. The new ODBC driver will help our clients access much larger datasets through business intelligence packages like Tableau.”

The production version of Kx v3.4 is available immediately. The 32-bit version that is free and can be downloaded from the Kx website for non-commercial activities will be available shortly.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

Data Transparency ‘Crisis’ Hampering Private Markets: Report

Private markets investors are dogged by a “data transparency crisis” that is exposing them to greater risk of compromising their fiduciary integrity and losing their competitive edge, according to a new report. In what the authors call a private markets paradox, the report by Rimes states that investors are beset by a lack of data...

EVENT

RegTech Summit London

Now in its 9th 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

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...