KX enables fintech company to achieve
10x performance at 1/5th of cost
OVERVIEW
PARTNER US Fintech
GEOGRAPHY Global
INDUSTRY Financial Services
EMPLOYEES 20+
This fintech start-up was created in 2016 with the vision to create an industry standard for FX TCA, a rigorous pre-trade and post-trade analysis.
Acquired in 2018, the company’s fintech solution was expanded into the parent company’s existing analytics and enabling it to deliver a multi-asset TCA platform.
75% COST SAVING
Saved 75% of the costs compared to the previous solution.
INTEROPERABILITY
Fully interoperable with APIs for Python, R, C.
OPTIMAL STORAGE
Allows use of storage like S3 instead of expensive SSDs.
CHALLENGE
WHY KX?
The CTO evaluated a popular document store, a fully managed time-series database, a key value store, a data warehouse, a popular database with extensive querying capabilities, and a distributed database.
The KX database matched his needs perfectly and integrated well with the company’s systems, was manageable, highly performant and cost effective, delivering a 75% cost saving.
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