Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      KX Upgrades kdb+, With A Focus on Generative AI

      Published: just now

      KX logo

      February 28, 2024 - high-performance analytical databases and vector-based data management provider KX has announced significant enhancements to its kdb+ database. These advancements aim to bolster the database's efficiency and analytical capabilities, particularly for time series and IoT/sensor data, to support AI-driven transformation across enterprises.

       

      kdb+, renowned as the world's fastest in-memory, columnar analytics database, has been pivotal in KX's product development, especially in high-demand financial market data management. The latest version of kdb+ is engineered to process and analyse data at increased speeds, take advantage of AI capabilities, and scale securely to handle more data volumes.

       

      Ashok Reddy, CEO at KX, stated, "For three decades, kdb+ has been at the core of our innovation, empowering the transformation of data into actionable insights. This new version of kdb+ reaffirms our commitment to delivering simplicity, performance, and efficiency across the KX product suite, driving forward the AI-first ambitions of global organisations. It also celebrates our dedication to the vibrant kdb+ user community, whose loyalty and passion have been instrumental in shaping the evolution of our products."

       

      The company's announcement confirmed the focus on AI saying, “The latest enhancements to kdb+ are designed to efficiently manage and analyse the vast datasets needed for generative AI with unparalleled efficiency and scalabilityKey updates to kdb+ focus on efficient large dataset management for generative AI, promising enhanced efficiency and scalability.” kdb+ powers the kdb Insights suite and KDB.AI, offering organisations quick adaptability to changing market conditions through advanced predictive analytics that incorporate diverse data sources. These updates promise accelerated data ingestion, improved query speeds, and reduced storage costs.

       

      Charles Skelton, KX Chief Scientist, expressed excitement about the new enhancements, "I'm particularly excited for our customers to experience new features, such as work-stealing, unified thread-scheduler, and the increased capacity for network connections. At a developer level, I'm certain our community will enjoy the new language features around pattern matching that we previewed at our user conference in 2023."

       

      The upgrade boasts several technical improvements, and include:



      🔹 Multi-threaded CSV Parser: Halves time-series data ingestion times, enabling faster analysis and quicker updates to AI models, both of which are crucial for real-time decision-making.

       

      🔹 Peach with Work-Stealing Algorithm: Increases query execution speed by 30%, enhancing the performance of complex query executions and AI model computations.

       

      🔹 Unlimited Network Connections: Allows for scalability to one million+ connections, delivering robust performance in high-volume time series data environments and AI applications.

       

      🔹 HTTP Persistent Connections: Reduces connection overhead significantly, facilitating real-time data processing and enhancing the efficiency of data exchanges.

       

      🔹 Enhanced TLS and OpenSSL: Provides secure, encrypted data transmission to ensure trust and compliance deemed crucial for regulated industries.

       

      🔹 Additional algorithms for at-rest compression: Reduces storage costs while maintaining accessibility and optimising data storage for AI operations, without compromising data access speed.

       

      Reddy concluded, "This version of kdb+ turbocharges our commitment to differentiation in the name of customer value and reaffirms our position at the forefront of the industry. We look forward to continuing to push boundaries and set new standards in high-performance analytics databases for time series and IoT/Sensor data management."

       

      Kdb+ optimizes storage, ensures secure data transmission, streamlines data transfer processes, increases data connection scalability, enhances query execution performance and accelerates time series data ingestion. The time series database utilizes the powerful Q programming language, as well as Python and SQL, and is known for its high-performance, in-database analytic capabilities, holding 15 of 17 world records in STAC benchmarks. Kdb+ is the engine that powers critical missions for enterprises across the world and, time and again, has set the standard for transformational AI solutions.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #KX#KdbPlus#GenerativeAI#InMemoryDatabase#TimeSeries#DataAnalytics#AshokReddy

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Euronext's Supervisory Board intends to nominate NN Group CEO David Knibbe as Chief Executive Officer and Chairman of the Managing Board at its AGM on 20 May 2027, following Stéphane Boujnah's decision to step down. The appointment requires approval from regulators, the Dutch Minister of Finance and Euronext shareholders.

      just now

      Capital.com's Singapore unit is now listed by the Monetary Authority of Singapore as a Capital Markets Services licensee, with permissions covering securities, collective investment schemes, OTC derivatives and custody. The entry names former IG Singapore head Tony Lim as chief executive of the Singapore entity.

      just now

      ICM MENA has promoted Firas Bechwaty to Head of Business Development. He joined in July 2022 as Business Development Executive and became Business Development Manager in August 2024. He previously worked in account management for over five years. Shoaib Abedi, Founder and Chairman, ICM MENA, commented on the promotion.

      just now

      Americans vote on November 3 for all 435 seats in the House of Representatives and a third of the Senate. The presidency is not on the ballot, which means any new Congress will still need the President's signature to turn bills into law. Markets care about the midterms less for the laws that follow and more for what changes in oversight, budgets and the regulatory mood of Washington.

      just now

      The Australian Securities and Investments Commission has said it is not currently convinced that prediction markets for retail clients are in the public interest. ASIC Chair Sarah Court said prediction market contracts have all the features of a bet, likening them to binary options, which are banned for retail clients.

      just now

      Binance has confirmed a security incident with an estimated total impact of around $6.3 billion, linked by its initial investigation to a compromised DevOps engineer's laptop. Around $3 billion has been frozen on-chain, and the exchange says it will cover all losses from its SAFU fund and company funds.

      just now

      US crypto exchange Coinbase has reported net income of $719 million for the third quarter of 2026, up 66% from $432.6 million a year earlier. Prediction markets passed $200 million in annualised revenue, and paid Coinbase One subscribers reached an all-time high.

      just now

      Webull Securities Co., Ltd., the Japanese subsidiary of Webull Corporation, has started handling US Treasury bonds, giving customers access to about 20,000 bonds as of 30 October 2026. The service lets users trade market-traded bonds like stocks, with real-time prices and yields, from $100.

      just now

      Intercontinental Exchange and Trade[XYZ] have agreed to bring Trade[XYZ]’s perpetual markets onshore in the US through a new regulated market and clearing structure for round-the-clock retail trading built on Hyperliquid, operated separately from ICE’s institutional futures franchise, subject to regulatory approvals.

      just now
      Feed