INQDATA Joins Force with KX to Streamline Data Processing

INQDATA, a data technology company specializing in the curation, cleansing, mapping, and hydration of data for financial institutions, has formed a partnership with KX, maker of kdb+, an industry-trusted Data Timehouse™ and the KDB.AI vector database.

Supported by KX's kdb+ time series and vector database, INQDATA's data processing platform enables organizations to curate, cleanse, map, and hydrate data, ensuring data accuracy, integrity, quality, and consistency to meet the required standards. With rapidly processed data, quantitative analysts, data scientists, and engineers will be able to quickly test new strategies, minimize time-to-market, and respond quickly to market volatility.

Using INQDATA's cleansing and tagging framework will help reduce the cost of data processing and improve the data quality management. The collaboration will provide accelerated data access for eliminating intricate data acquisition complexities.

Theodore Voegt, CEO of INQDATA, commented: "We are excited about this strategic partnership with KX. Combining our data science expertise with the market-leading KX technology will empower financial institutions to extract maximum value from their data faster than before without having to do the low-touch, repetitive and non-core work that occurs across the industry today. Our collaboration will enable the market to benefit from a comprehensive end-to-end solution that streamlines data processing, drive informed decision-making, and unlock new opportunities for customers."

James Corcoran, Chief Growth Officer of KX, said: "Temporal and vector data are the driving force behind digital transformation and generative AI. With this partnership, we're combining the power of KX and expertise of INQDATA, enabling users to run production-ready time series analytics and vector-processing workloads across financial institutions today. Built on kdb+, our vector-native database, our technology is the ideal engine for building applications and models for generative AI and vector search use cases. We look forward to working closely with INQDATA to further the adoption and integration of KX in the cloud."

KX is a well-known data analysis expert in the industry. Over the past three months, the company has successively reached cooperation with companies including DataArt​, ICE and Snowflake​.