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 Partners with Magnitude Simba to Deliver an Improved ODBC

Subscribe to our newsletter

Kx, a division of FD that incorporates the kdb+ time-series database to deliver high-performance, in-memory computing and streaming analytics, has partnered with Magnitude Simba, a provider of innovation in data connectivity solutions such as Magnitude Gateway. Kx and Magnitude Simba seek to provide kdb+ customers with an improved Open Database Connectivity (ODBC) interface to external data directly from kdb+ using a fully featured and certified connecter.

For over 20 years, the ODBC has been the standard method for applications to interact with external data. Bayntun says that the ODBC evolved into a standard way for databases to interact with applications that needed access to data. The partnership aims to offer an ODBC/kdb+ driver that would be able to increase the robust nature of the interface.

Throughout stages of the ODBC’s development, Simba’s team have collaborated with developers at Kx and with Kx customers to gather direct feedback concerning what users would like to see in an ODBC driver.

Jeff Bayntun, solutions engineering manager at Magnitude Software, says: “Kx reached out to Simba last year because they wanted to improve their customer experience when using tools like Tableau, or Excel, or Power BI. Simba has been building data connectivity for applications like that for over twenty years, and they had heard about us by reputation, and it was a really good fit for us to put those type of access capabilities on top of their database.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

TNS Unifies Financial Markets Business Under Waypoint Brand

Two months after completing its acquisition of BT’s Radianz business, Transaction Network Services (TNS) has launched Waypoint Trading Solutions, a unified brand encompassing connectivity, low-latency trading infrastructure and managed market data operations. Waypoint Trading Solutions officially launched on 8th April, bringing together TNS’s existing financial markets capabilities with the Radianz extranet business it acquired from...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.