Belfast Telegraph

Tech deal a 'win' for Newry based First Derivatives

By Louise Kelly

Northern Ireland software giant First Derivatives has struck a deal with a FTSE 100 gaming company for the use of its Kx technology.

Breaking into the retail analytics sector is a "win" for the Newry-based firm as it continues to diversify the markets for its data analytics services.

The deal between the two companies was sealed following a successful proof of concept in which Kx provided data that showed a significant return on investment in comparison to traditional solutions.

First Derivatives chief Brian Conlon said the contract win is a powerful endorsement of the group's technology. The FTSE 100 firm processes billions of transactions per day and has over four million customers.

Belfast Telegraph

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