Cantor Fitzgerald moves to real-time data analysis with Kx Systems

As I mentioned in my post on Real Time Data Mining the ability to rapidly analyze lots of high speed incoming data is key.It looks like KX has done it again with Cantor. I know Danny from over at another of my favorite companies, Wombat spent some time over at Kx. I First became aware of Kx maybe a 18 months ago when a trader I had been working with sent me a link to their site. I have been following them and it seems they just continue to shine. These guys are my picks for huge winners in the financial IT services/ software sector. They are all in fact – already successes, but I think it is only the tip of the iceberg for them. I believe it is beyond question that these companies will be able to ride the exponential increases in the automated electronic market space. These players are best of breed. I cant wait to see how they all do!

Kx
Wombat
Progress Apama
29 West

I was also interested to see in the current issue of Dealing with Technology that IBM is planning on entering into these areas. It will be interesting to see how a huge player can function in an environment with relatively small companies that have been innovating for years already. My bet is on IBM paying to catch up by buying some market leaders.
-Chris

PS – cool magazine Automated Trader – Journal of Automated and Algorithmic Trading

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