K3 by BroadPeak

Avantages

We connect to a bunch of legacy systems, files and APIs. We get the data out of there and both send it to other systems and warehouse it. K3 has very intuitive ETL that does not require Python or some other code. Our operations teams have pretty much gone ahead and taken command of the full data lifecycle.

Inconvénients

Nothing in particular comes to mind. For the super complicated work flows we worked with the K3 team to design some really complex orchestration. It took less time than expected. Documentation is fine maybe comparable to other systems but could always be better.

Avantages

I can walk you though our process. We have a lot of on prem apps. We also have a handful of SAAS apps. There are a lot of integration options. We looked at everything from custom, in-house build to drag drop type solutions. Any integration app you look at is going to fall somewhere on this spectrum. For example, one product we looked at just formalizes an in house build, but carries a similar high workload. Others are highly abstracted and easy to use but do not allow you low level control. Many of these drag drop typesdid not get enterprise apps and complex integration work (nope this app has no API). We picked K3 because of its ability to create low level control, while making simple tasks easily managed by non-technical people.

Do your homework. Every developer wants to build their own stuff. But they do not want to maintain. K3 is great at meeting both sides. We flow a ton of very high priority data through K3 and support is great. BroadPeak really does understand challenging applications/ environments.

Inconvénients

Pricing can get complicated. But, our all in cost is very reasonable. I asked one of their employees about this over beers and they admitted on the initial sale they are trying to figure out what kind of client you are going to be. Those who have a firm idea about what they want get a much better deal.

Avantages

If you are looking to streamline data, BroadPeak has your solution. K3's ability to integrate various data types into a seamless structure has reinvented data analytics. Our experience with their support model and expertise in finance has been fantastic. Differing csv, xls, or xml formats provided by FCMs, brokers, or exchanges are manageable. Our mapping mechanics were easily transferable into valuable information for front, middle, and back offices. We are pleased with K3 and the services rendered.

Inconvénients

Eager to see the support model extend to a more follow the sun model. Coverage throughout the entire business day would be key for global businesses.

Avantages

I've worked with the team on multiple engagements over the past 4 years. This is a great group of people. They really hire exceptionally well. The software is deployed on very complex projects efficiently. The code is top notch and reliable. As an external project manager, I've supervised implementations that are delivered on time and on a budget again and again. A lot of this is due to their no-nonsense approach.

Inconvénients

K3 has evolved quite a bit since the early days. I like the direction they are going. They will not do custom code for you unless its a specialized adapter. If you want something in the middleware that is just for you...expect a no. This is actually a really good thing. Too many vendors jump at this to make a buck. But it hurts the overall application by having a single code stream.

Avantages

They stay one step ahead of any and all changes and integrate them pretty seamlessly. Very proactive. Their support is excellent. The support folks are friendly and extremely knowledgeable. They have helped us through several highly critical issues on the spot.
It's always on and captures/has captured all of our trades on multiple exchanges every day for years.

Inconvénients

The highlight/scroll feature when reviewing alot of trades is sometimes hard to tell which trade you're on.