Kx Systems, a leader in high-performance database and time-series analytics, has announced that it has been awarded a contract by the U.S. Securities and Exchange Commission (SEC) for use of its kdb+ software in supporting its ongoing IT objectives.
Kdb+ is a database system with a built-in time-series query language called q, which allows unified access to streaming, real-time and historical data. Kdb+ is well-suited for the SEC because of the large volumes of data it is aggregating and analyzing for applications that will include, among others, web-based reporting tools.