PR94750

LONDON, March 1, 2022 /PRNewswire=KYODO JBN/ --

    FD Technologies (AIM: FDP.L) (Euronext Growth: FDP.I) announces that it has

entered into a strategic partnership agreement with Microsoft to expand the

reach of its KX Insights streaming data analytics platform as more

organisations look to modernise their data infrastructure for real-time

decision making. Firstly, KX Insights will be embedded natively on the

Microsoft Azure platform as a first class service, with KX generating revenue

based on consumption. Secondly, KX has agreed to work with Microsoft to target

new applications and services that will accelerate innovation and growth for

organisations in the financial services sector.

    KX Insights on Azure

    KX recognises there is a growing demand across industries for analytics

solutions that can efficiently support client needs across both real-time

streaming and historic data to enable real time business-critical decisions. KX

Insights on Azure will enable customers to store and access their data using

complex event processing, high-performance analytics and machine learning

interfaces on one unified and easy-to-use platform. Tightly integrated within

Microsoft's intelligent cloud ecosystem, the platform will work seamlessly with

Microsoft services.

    Designed for ease of deployment and commercial adoption, KX Insights on

Azure represents a first-of-its kind native integration of a third-party

streaming analytics solution on Azure. It will provide a quick and easy

experience for customers to boost productivity, enabling significant cost

reductions over legacy systems and will contribute towards an organisation's

Azure consumption commitment. This aligns incentives for Azure and KX sales

teams, enabling greater collaboration and engagement on sales and marketing

initiatives with enterprise clients.

    Joint development for capital markets

    Additionally, KX intends to work with Microsoft to develop applications and

services, leveraging KX's capabilities as the world's fastest time-series

database as a core building block. This collaboration aims to help the capital

markets ecosystem including exchanges, buy-side firms and sell-side

institutions create high-value insights that facilitate real-time decision

making.

    Seamus Keating, CEO of FD Technologies, said: "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. This is a landmark agreement for KX, with significant

strategic benefits supporting our growth ambitions."

    Bill Borden, Corporate Vice President of Worldwide Financial Services at

Microsoft said: "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."

    Enquiries

    For further information please contact:

    FD Technologies plc

    Seamus Keating, Chief Executive Officer

    Ryan Preston, Chief Financial Officer

    Ian Mitchell, Head of Investor Relations        

    +44 (0) 28 3025 2242

    www.fdtechnologies.com

    Investec Bank plc (Nominated Adviser and Broker)

    Andrew Pinder

    Carlton Nelson

    Virginia Bull        

    +44 (0) 20 7597 5970

    Goodbody (Euronext Growth Adviser and Broker)

    David Kearney

    Don Harrington

    Finbarr Griffin        

    +353 1 667 0420

    J.P. Morgan Cazenove (Broker)

    James A. Kelly

    Mose Adigun        

    +44 (0) 20 7742 4000

    FTI Consulting (PR Adviser)        

    +44 (0) 20 3727 1000

    Matt Dixon        

    Dwight Burden        

    Elena Kalinskaya

    About FD Technologies

    FD Technologies is a group of data-driven businesses that unlock the value

of insight, hindsight and foresight to drive organisations forward. The Group

comprises KX, the leading technology for real-time continuous intelligence;

First Derivative, which provides technology-led services in capital markets;

and MRP, the only enterprise-class, predictive Accounts Based Marketing

solution. FD Technologies operates from 15 offices across Europe, North America

and Asia Pacific, and employs more than 3,000 people worldwide.

    For further information, please visit www.fdtechnologies.com and www.kx.com

    Photo:

https://mma.prnewswire.com/media/1756706/KX_Strategic_Partnership.jpg  

    Logo: https://mma.prnewswire.com/media/1508748/KX_Logo.jpg

    Source: KX