First Derivatives PLC Contract Win in Gaming
20 February 2018 - 6:01PM
RNS Non-Regulatory
TIDMFDP
First Derivatives PLC
20 February 2018
20 February 2018
First Derivatives plc
("FD" or the "Group")
Contract Win in Gaming
FD (AIM:FDP.L, ESM:FDP.I) announces that it has signed a
contract with a FTSE 100 gaming company for the use of Kx
technology to provide data analytics services. The contract win
follows a successful proof of concept in which Kx provided
operational intelligence that demonstrated a compelling return on
investment versus traditional database solutions and open source
alternatives. The customer is one of the world's leading sports
betting and gaming operators with over four million customers
globally and processes billions of transactions per day.
According to industry analysts Global Markets Insights, the
retail analytics markets will surpass $13 billion by 2024. In
attacking these markets, Kx will target potential customers
including gaming, retail and airline and e-Commerce giants to
address opportunities around customer yield, customer churn and
pricing analysis.
Brian Conlon, Chief Executive Officer of Kx, commented: "This
contract win is a powerful endorsement of our technology and we are
very excited to work in partnership with this leading gaming
company to help them to develop real-time insights across their
activities. This win further demonstrates the flexibility of our
horizontal technology which is being used across many industries in
a variety of areas such as real-time analytics, Industrial IoT,
cybersecurity and Artificial Intelligence."
Enquiries
For further information please contact:
First Derivatives plc +44(0)28 3025 2242
Brian Conlon, Chief Executive www.firstderivatives.com
Officer
Graham Ferguson, Chief Financial
Officer
Ian Mitchell, Head of Investor
Relations
Investec Bank plc (Nominated
Adviser and Broker)
Andrew Pinder
Carlton Nelson
Sebastian Lawrence +44 (0)20 7597 5970
Goodbody (ESM Adviser and
Broker)
Linda Hickey
Finbarr Griffin +353 1 667 0420
FTI Consulting
Matt Dixon
Dwight Burden
Darius Alexander
Niamh Fogarty +44 (0)20 3727 1000
About FD
FD is a global technology provider with 20 years of experience
working with some of the world's largest finance, technology,
retail, pharma, manufacturing and energy institutions. The Group's
Kx technology, incorporating the kdb+ time-series database, is a
leader in high-performance, in-memory computing, streaming
analytics and operational intelligence. Kx delivers the best
possible performance and flexibility for high-volume,
data-intensive analytics and applications across multiple
industries. FD operates from 14 offices across Europe, North
America and Asia Pacific, including its headquarters in Newry, and
employs more than 2,000 people worldwide.
For further information, please visit www.firstderivatives.com
and www.kx.com
This information is provided by RNS
The company news service from the London Stock Exchange
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