Kx and Nagler Form European Partnership Through Symagon
in high-performance database and timeseries analysis, and Nagler & Company
have announced a strategic partnership agreement covering the German-speaking
areas of
Benelux and
work with Kx and to provide market data solutions to European financial
institutions. Symagon is a wholly owned,
Company.
The main drivers for forming the partnership were the deep market
knowledge of Nagler’s consultants and their successful track record of
working with Kx and implementing kdb+ at financial institutions, most notably
in
support services to firms in Benelux,
Says
number of market data projects for the last three years we decided that we
wanted to formalise what has become a very productive working relationship.
We found kdb+ to be far superior to other systems on the market in terms of
the speed of implementation, performance and cost of ownership. We are very
impressed with Kx’s dedication to its customers, its excellent standard of
client support and the continuing enhancement of kdb+.”
Nagler & Company first started working with Kx in 2005; from the first
joint project it was clear to both firms that together they offered a winning
combination of talent, experience and location. Symagon specialises in market
data, providing consultancy that spans all phases of planning, development
and implementation and covers quantitative analysis, structuring, algorithmic
trading, market making and risk management.
thorough understanding of our philosophy and of our products, kdb+ and q.
They have many years’ experience in our core markets and have worked on
numerous projects with Kx. Symagon will help us to extend our presence in
region.”
Notes to editors
About Symagon
Symagon offers solutions, consulting and products in the areas of market
data, real-time analytics and Complex Event Processing (CEP) based on Kx’s
proven kdb+ database platform. Our focus is on market data solutions for
financial institutions.
We are committed to providing uniquely valuable solutions for today’s
most challenging problems by combining class-leading technology with expert
knowledge of financial business and a sound market-oriented approach to
enterprise IT. For more information visit http://www.symagon.com
About Kx
Kx offers a unified approach to streaming, real-time and historical data
analysis with its high-performance kdb+ database platform. kdb+ provides a
portable 64-bit implementation of our expressive query and programming
language to analyze and store streaming events, manipulate in-memory and
on-disk databases, and build distributed low-latency applications.
Our focus is on delivering the best performance and flexibility for
high-volume, data-intensive analytics and applications. We built the
technology. You build your business. For more information visit
http://www.kx.com
About Nagler & Company
Nagler & Company is a medium-sized consultancy focusing exclusively on
the financial sector. Our offering comprises consulting services in the areas
of strategy, risk management, quantitative finance, credit business,
financial planning and market data.
What sets us apart is our consultants’ expertise honed through numerous
successful projects undertaken over the last decade and our continuing goal
of delivering solutions that strengthen our customers’ competitiveness. For
more information visit http://www.nagler-company.com
SOURCE Kx Systems and Nagler & Company