ADSS partners with real-time analytics leader KX to accelerate transformational growth strategy

  • Date: 21-Oct-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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ADSS partners with real-time analytics leader KX to accelerate transformational growth strategy

Abu Dhabi, UAE – ADSS, the Abu Dhabi and London-based financial services firm, has partnered with leading real-time analytics company KX to increase operational efficiency as it rolls out its transformational growth strategy and offers clients greater access to liquidity and a broader range of financial instruments.

ADSS, one of the largest CFD trading platforms in the Middle East, is making significant investments and partnering with top-tier technology providers to develop proprietary data processes and multi-asset trading platforms. The adoption of KX technology, built on kdb+ (the world’s fastest independently benchmarked times series database), has enabled ADSS to better automate and standardise risk management capabilities, reducing margins of error while enhancing execution speeds. KX enables ADSS to combine both real-time streaming and historic data at speed and scale for richer actionable intelligence and critical split-second decision-making. Additionally, the integration of KX’s powerful visualisation and dashboard capabilities has enabled ADSS to handle large amounts of data without sacrificing the level of real-time, high-quality insights required by financial services firms.

Commenting on the partnership, Chris Dale, ADSS’ Co-Head Quantitative Trading, said: “We price more than 2,700 different instruments, which translates to roughly 1 billion market data ticks per day. To react quickly to unexpected