Intercontinental Alternate, Inc. (NYSE:ICE) and KX as we speak introduced an settlement to leverage KX’s platform to supply real-time analytics on knowledge from ICE’s Consolidated Feed and Consolidated Historical past.
The quickly growing quantity, pace, and complexity of market knowledge presents vital challenges for monetary corporations struggling to handle and extract significant insights from their knowledge rapidly sufficient to drive impactful enterprise selections. The alliance with KX instantly addresses these challenges.
By integrating knowledge from ICE’s Consolidated Feed – which aggregates cross-asset content material from over 600 world sources, together with exchanges and over-the-counter venues – into KX’s analytics platform, mutual shoppers can run real-time analytics and deploy advanced fashions. This could empower them to derive priceless insights from their knowledge, enhancing their decision-making course of in actual time, and in the end, driving their enterprise ahead.
For instance, by making use of algorithmic fashions on the consolidated knowledge from ICE, hedge funds can optimize their buying and selling methods in actual time primarily based on predictive insights. Equally, asset managers can practice fashions on market knowledge to foretell monetary developments and align their portfolios accordingly. This union of information and expertise permits extra environment friendly threat administration and decision-making.
“The ICE Consolidated Feed offers one of many broadest world knowledge choices at the moment out there,” mentioned Maurisa Baumann, Head of Desktops and Feeds at ICE. “By leveraging KX’s real-time analytics and skill to overlay advanced fashions primarily based on our knowledge, we’re capable of supply an enhanced resolution for our prospects that may match their wants as they handle threat and execute buying and selling methods.”
Utilized by a variety of banks, asset managers, hedge funds and ISVs, the ICE Consolidated Feed offers a broad vary of economic data throughout equities, derivatives, fastened revenue, overseas trade, cash markets, commodities, power and ETFs. The information from these markets may be supplied in a wide range of methods, together with real-time or delayed, tick-by-tick or conflated.
“Knowledge is the lifeblood of the monetary companies sector,” mentioned James Corcoran, Chief Development Officer at KX. “By means of this collaboration, our prospects achieve entry to an intensive vary of high-quality knowledge that may permit them to extract deeper insights, practice extra correct fashions, and in the end make higher selections. We’re excited to be collaborating with ICE and sit up for growing extra artistic and modern use instances to drive tangible enterprise worth.”