The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Kx and DataRobot Partnership Applies AI to Time Series Data, Generates Fast Actionable Insights into Market Data

Kx has partnered DataRobot, a provider of enterprise artificial intelligence (AI), to offer financial institutions a scalable high-performance solution for applying AI to time series data. By integrating DataRobot’s Enterprise AI Platform with the Kx in-memory time series database kdb+, consumers of market data can quickly generate actionable insights for agile, strategic business decisions.

Rob Hegarty, general manager of financial markets and fintech at DataRobot, says: “AI is reshaping financial institutions. So much of the world’s market data is in kdb+ due to its powerful time series capabilities and performance. The integration with DataRobot will accelerate ROI and separate financial institutions’ performance from their peers.”

The integration, which includes DataRobot time-aware machine learning algos, helps market participants solve the challenges presented by AI, such as managing huge volumes of market data and distributed data across tools, teams and platforms, and provides a single system that can be used to prepare, build, deploy, monitor and manage mission-critical applications including trading, risk management, middle and back-office operations, compliance, and surveillance. The speed of iteration is high, reducing time-to-value for AI applications, and the barrier between market data and value generation is lowered.

Mark Sykes, group chief technology officer at First Derivatives, and chief operating officer at Kx, which is owned by First Derivatives, explains: “The combination of the two time series technologies creates a single solution that accelerates market players’ ability to draw inferences and build time-aware machine learning models that can make extremely fast and accurate predictions. Firms deploying the DataRobot and Kx time series solutions together stand to gain immediate and unprecedented scale and speed over other firms.”

Related content

WEBINAR

Recorded Webinar: Market data management, licensing and administration in the post-Covid environment

Market data administration has always been a challenge. For many firms, keeping tabs on permissioning and entitlements, compliance with licensing agreements, and reconciling all that with increasingly complex invoices requires a significant dedicated resource with a clear understanding of the issues involved. As if that weren’t enough, things got more challenging for these teams in...

BLOG

TP ICAP Sets Up Parameta Solutions as New Brand for Data, Analytics and Post-Trade Offerings

TP ICAP has set up a new business, Parameta Solutions, to provide a flagship brand for its data and analytics division. It is due to be opened officially next week. Parameta’s data and analytics offerings will include unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmarks and indices, and pre...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...