ADSS and real-time analytics company KX have collaborated to launch kdb+ to better automate and standardize the broker's risk management.

To incorporate a time series as a reference, ADSS has now partnered with KX's real-time analytics company, kdb+. This integration has allowed ADSS to better automate and standardize its risk management capabilities while reducing margins of error and increasing execution speed.

This also allowed one of the largest CFD trading platforms in the Middle East to be able to increase its operational efficiencies when launching transformational growth strategies. Moreover, it is able to offer clients greater access to liquidity and a wider range of financial instruments.

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Chris Dale as Co-Head of Quantitative Trading at ADSS said that they have priced more than 2,700 different instruments around 1 billion ticks of market data per day. React quickly to unexpected market events, requiring real-time analysis of large amounts of in-flight data and historical data.

“KX enables us to make better-informed business decisions in real time, improve customer service with clients and business partners, and be more data-driven across our business. We see KX as an important strategic partner for ADSS as we continue our transformation into a data-centric business,” he said.

ADSS also leverages KX features to combine real-time streaming and historical data with speed and scale for richer intelligence for actionable and split-second critical decision-making. On the other hand, KX offers powerful visualization and dashboard capabilities that allows the UAE-based broker to handle large amounts of data without compromising the level of high-quality real-time insights required by financial services companies.

In his explanation, Nikos Tsoskounoglou as Co-Head of Quantitative Trading at ADSS said that the company will continue to improve the quality of data and the speed of its delivery which allows it to take advantage of large amounts of data in real time and is very important to accelerate their transformation into a more data-driven organization.

“The new data ecosystem we are building will support our internal processes and continue to improve our agility in a rapidly changing environment. Through our partnership with KX, we are now leveraging data across the business more efficiently, providing our clients with a smoother experience, superior pricing, products, and levels of customer service.”