Axi Furthers Partnership with KX by Moving to KX Insights - BrokersView

Axi Furthers Partnership with KX by Moving to KX Insights

Oct 28, 2021
Fazzaco

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The global online FX and CFD broker Axi has deepened its ties with KX, a worldwide leader in real-time streaming analytics. KX will support Axi's ambitious growth plans vis its KX Insights,  cloud-first, real-time streaming analytics platform, which enables the capture, analysis and visualization of enormous datasets in real time including market data quotes, customer trades, and derived calculations in the cloud.

The deal will strengthen Axi's trading, operations and risk management teams by enabling access to real-time business intelligence reports and analytics in the cloud to drive decisions. It will also enhance trade execution and risk management capabilities while supporting the development of new products and services.

Running on Azure, Axi's chosen cloud platform, KX Insights works seamlessly with existing cloud native services. With Kubernetes support and access to some of the lowest cost storage tiers including Azure Blob Storage, KX Insights also offers lower infrastructure and maintenance costs than standard deployments. Built on kdb+, one of the world's fastest time-series databases, it can be configured and running in just a few clicks.

In 2015, Axi deployed the KX streaming analytics platform to generate key reports on real-time positions, perform risk analysis, and provide insights for the trading desks at a reduced total cost of ownership.