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First Derivatives software division announces Silicon Valley tie-up

The First Derivatives headquarters in Newry. The company's software division has just announced a new partnership with a Silicon Valley cyber security firm
Gareth McKeown

THE software division of Newry-headquartered First Derivatives has announced a new partnership with a Silicon Valley cyber security firm.

First Derivatives has confirmed that its Kx technology has been selected by US company BroadBridge Networks to power its cybersecurity platform.

The partnership provides access to the Kx technology stack, enabling BroadBridge to provide streaming analytics on network telemetry at previously unachievable scale and cost.

BroadBridge, based in Silicon Valley, provides a security platform, which allows organisations to fully secure their networks at scale, with a price point that doesn't push feasibility beyond reach.

The combination of Kx's technology and BroadBridge Networks' cybersecurity expertise provides a unique advantage by significantly increasing the speed and performance of data analysis and the ability to provide real time actionable recommendations and automation.

First Derivatives CEO, Brian Conolon said: “We are delighted that BroadBridge Networks has chosen Kx to power its disruptive network security platform. This agreement further demonstrates how Kx technology continues to be a key enabler of disruption across many industries.”

BroadBridge Networks CEO, Kelvin R. Franklin added: “At BroadBridge, we saw the significant need for a more mature, easily accessible, and streamlined analytics platform in the cybersecurity market, which is precisely why we have chosen to partner with Kx. Because Kx technology is scalable, simple and fast, it is the perfect fit for our forward-thinking solution.”

Global technology giant First Derivatives works with some of the world's largest finance, technology, retail, pharma, manufacturing and energy institutions. The group operates from 14 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,300 people worldwide.

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