PALO ALTO, California and SYDNEY, July 21 /PRNewswire/ -- Kx Systems, the leader in high-performance database and timeseries analysis, is delighted to announce that it has signed a partnership agreement with Hologram Business Intelligence, the Australian-based supplier of business performance management solutions.
The relationship between the two companies goes back a long way and means that they already have an in-depth understanding of each other's products and businesses. The deal will see Hologram taking on the sales, support and consultancy of Kx's Kdb+ database and its q language in Asia-Pacific. Kx products may also be incorporated into Hologram's offerings in the future.
Hologram's extensive experience in array language development and applications in the finance, banking and treasury industries makes it a natural and easy fit with Kx. Hologram's business focus includes high performance, real-time transaction monitoring and data information systems. The company's principals have an established track record of working with banks, exchanges and credit unions in development and consultancy in areas such as treasury systems, anti-money laundering, risk management, compliance reporting, portfolio management and trading systems. They have worked with institutions around the world including the Bank of South Australia and Societe Generale, as well as the stock exchanges of Singapore, Indonesia, Istanbul and Oslo.
Janet Lustgarten, CEO of Kx Systems, comments, "We are very much looking forward to working with Hologram and extending our product reach to Australia and New Zealand. Their thorough understanding of our language and database means that they will be able to help financial institutions in their region make full use of the benefits provided by Kx products. I'm excited about the opportunities offered by the partnership and of extending the Kx product family to the region."
Says Guy Pitman, founder and director of Hologram, "We see great potential for Kdb+ and q, particularly in the areas of real-time data analysis and high-end database engines for data intensive applications in finance, fraud, banking and other high volume transaction systems. With two offices in Australia and eyes firmly set on New Zealand and Asia we are exceptionally well positioned to build momentum and growth around Kx's products." Pitman adds, "I believe that high-end transaction processing is currently less sophisticated than it could be in Australia and New Zealand. Working with Kx will allow us to offer an exceptional service to institutions operating in this field."
Notes to Editors
About Hologram
Hologram Pty Ltd, is an Australian Business Intelligence company founded in 2004 to develop and deliver future-proofed Business Performance Management solutions. Hologram's founders have an extensive track record as developers of highly successful Treasury Risk Management and financial reporting software packages.
Hologram's attention to detail, meticulous programming skills and ability to solve the most complex mathematical problems are invisible to end users who benefit from ease-of-use, point and click drill-down, and instant access to real-time modelling and reporting from enterprise systems.
The company has a strong focus on manufacturing and financial institutions with customers including leading beverage companies, credit unions, merchant banks and leasing. http://www.hologrambi.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. Visit http://www.kx.com
Editorial Contacts: Alla Lapidus Moonlight Media Tel: +44(0)20-7250-4770 Email: alla@moonlightmedia.co.uk
Editorial Contacts: Alla Lapidus, Moonlight Media, Tel: +44(0)20-7250-4770, Email: alla@moonlightmedia.co.uk
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