FD Technologies launches strategic partnership with Microsoft

FD Technologies announced that it has entered a strategic partnership with Microsoft to grow its KX Insights data streaming platform. Going forward, KX Insights will be embedded in Azure and FD Technologies plans to expand options for the financial services industry.

According to FD Technologies, KX Insights on Azure will support customer’s machine learning, processing, and high performance analytics goals. The company plans to develop apps and services with Microsoft.

“This strategic partnership with Microsoft accelerates our mission to enable organisations to drive value from their real-time data assets. Enterprises will benefit from the unrivalled performance, scalability and security of KX Insights optimised for Microsoft Azure. In addition, we are excited to partner with Microsoft in developing technology solutions that address the demanding requirements of financial services organisations, particularly in capital markets where KX has a market-leading position,” stated Seamus Keating, CEO of FD Technologies.

“KX Insights delivers industry leading, real-time streaming analytics solutions that transform how firms derive insights from market data.  Combining the full range of Microsoft's Intelligent Cloud capabilities with KX technology and expertise, we look forward to empowering our capital markets and financial services customers with new, compelling solutions for faster decision-making and innovation,” said Bill Borden, Corporate Vice President of Worldwide Financial Services at Microsoft, in a statement.