NEW
YORK, Dec. 13, 2022 /CNW/ --
KX -- maker of kdb+, the world's fastest time series
database and real-time analytics engine -- announced today
that Stifel Financial Corp. (NYSE: SF), the full service
brokerage and investment banking firm, has chosen KX to enhance
market data analytics and drive real-time decision making. With
over 8 billion shares traded annually in the U.S., Stifel will
leverage the unmatched speed and scalability of kdb+ for data
ingestion and processing to improve its trade execution analytics
and operations in order to increase value for its clients.
John Spensieri, Managing
Director, Head of U.S. Equity Trading, Stifel, said: "Providing
greater access to market-critical data helps empower our clients to
make better, more informed decisions that help drive positive
outcomes. KX is unique in its ability to marry disparate processes
and metrics quickly, reliably and with flexibility. We are excited
about this partnership and believe it further enhances our position
as a best-in-class institutional global trading platform."
The world's largest investment banks, regulators and exchanges
across the Financial Services industry lean on KX's kdb+ timeseries
database, independently benchmarked by STAC Research as the
world's fastest, for their mission-critical data processing and
trade analytics needs.
Kdb+ is ideally suited for the demands of extreme data volume
and velocity use cases, such as global trading, because it uniquely
combines real-time, in-memory computing, a timeseries columnar
database and an integrated, high-performance, vector-oriented
programming language, q. With KX's technology, firms are able
to capture, manage and process massive amounts of data in fractions
of a second to power complex financial modelling and analytics. In
addition, it runs on all leading hyperscale clouds, enabling
clients to take advantage of the agility of the cloud for their
data-intensive analytics workloads while gaining the performance
efficiency kdb+ is known for. Out-of-the-box support for SQL and
Python enables developers and data scientists to use their favorite
programming languages and tools to derive faster insights.
Conor Twomey, Head of Customer
Success, KX, added: "Stifel is one of the largest full-service
investment banks in the U.S., and we're thrilled to be working
together toward its continued success. In choosing KX, Stifel can
now offer world-leading trading analytics and insights, ultimately
equipping them with the technology and tools needed to trade with
better risk controls and better price protection."
About KX
KX is the creator of kdb+, independently benchmarked as the
world's fastest time series database and real-time analytics
engine. Built for the most demanding data environments, KX
technology is trusted by the world's leading companies for their
mission-critical data applications. Our industry-leading software
processes and analyzes time series and relational data at unmatched
speed and scale, enabling richer actionable insights to drive
decisions. We empower developers and data engineers to build
high-performance data-driven applications and turbo-charge their
favorite analytics tools in the cloud, on-premise, or at the edge.
Part of FD Technologies plc, KX operates from more than 15 offices
across Europe, North America, and Asia Pacific. For more information visit
www.kx.com or contact: pr@kx.com
About Stifel
Stifel Financial Corp. (NYSE: SF) is a financial services
holding company headquartered in St.
Louis, Missouri, that conducts its banking, securities, and
financial services business through several wholly owned
subsidiaries. Stifel's broker-dealer clients are served in
the United States through Stifel,
Nicolaus & Company, Incorporated, including its Eaton Partners
business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC and Stifel
Independent Advisors, LLC. The Company's broker-dealer affiliates
provide securities brokerage, investment banking, trading,
investment advisory, and related financial services to individual
investors, professional money managers, businesses, and
municipalities. Stifel Bank and Stifel Bank & Trust offer a
full range of consumer and commercial lending solutions. Stifel
Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer
trust and related services. To learn more about Stifel, please
visit the Company's website at www.stifel.com. For global
disclosures, please visit
https://www.stifel.com/investor-relations/press-releases.
CONTACT: Kristin Davie -
kdavie@fdtechnologies.com, +1(929) 471-1849
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