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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Why your Technology Spend isn’t Delivering the Productivity you Expected

By Gareth Evans, Chief Product Officer, FINBOURNE. An uncomfortable truth: technology spend in asset management has surged 8.9% annually over the past five years across North America and Europe. But productivity? Flat. Cost as a share of assets under management (AUM)? No improvement. Operational expenses in other functions? Despite the promises that technology would create...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...