Options Partners with KX for Market Data Platform
Posted by Colin Lambert. Last updated: May 6, 2023
Data services technology provider Options Technology has announced a partnership with KX, maker of Kdb to utilise Options’ market data footprint to enhance the KX analytics platform, providing clients with real-time and historical insights.
Options will provide KX with access to its repository of market data, including equities, FX, futures, options, and fixed income data, as well as market data analytics tools. Together, the two companies say they will create a cloud-based, market data analytics platform to deliver enhanced trading outcomes for clients.
“Our partnership with KX marks a momentous occasion for Options Technology and the financial services sector as a whole” claims Danny Moore, president and CEO of Options Technology. “The integration of our market data and analytics solutions with KX’s market-leading time series database and Data Timehouse technology will be a game-changer, providing clients with unparalleled insights and enabling them to make informed trading decisions in real-time.”
James Corcoran, chief growth officer at KX adds, “The partnership with Options Technology demonstrates our commitment to making it easier for firms to consume market data as a service, by providing a packaged offering so that users can get to value and insights straight away, without having to build and maintain their own infrastructure. It’s a powerful proposition for firms looking to give their data science and quant research teams a greater competitive edge.”