Kx Systems
Multinational Investment Bank Real-Time Data Capture Case Study
Pages
2
Time to read
2 mins
Publication
Language
English
Pages
2
Time to read
2 mins
Publication
Language
English
This case study details the collaboration between a multinational investment bank and KX, focusing on the bank's need to capture critical market and trade data in real-time. As a leading global Foreign Exchange (FX) market maker, the bank offers various services driven by transactional, hedging, or investment strategies. The document outlines the challenges faced by the bank due to reliance on on-premise hardware, which hindered scalability and increased operational costs. Transitioning to Google Cloud was identified as a solution to enhance their FX capabilities. KX has been a partner for over 15 years, providing the bank with the ability to process and analyze over 1TB of time-series data daily. This access supports essential functions such as back testing trading strategies, tracking profit and loss attribution, post-trade reporting, and risk management, thereby enabling the bank to meet stringent trading, business, risk, and regulatory requirements efficiently.