2025-05-12 - KDB Project Call Meeting Minutes

[alvin-c-shih]

Date

Monday, May 12, 2025 - 9:30am ET / 2:30pm UK

// Second Monday of every month

Attendees

Fullname	Affiliation	GitHub Username
Karl Moll	FINOS	@karlmoll
Peter Gyorok	KX Systems	@gyorokpeter
Alvin Shih	Morgan Stanley	@alvin-c-shih
Catheryne-Ayne Hunte	FINOS
Ross Duffy	Morgan Stanley	@rdffy
Aaron Davies	Morgan Stanley	@adavies42
Connor Gervin	KX Systems	@Connor-Gervin

Meeting notices

• FINOS Project leads are responsible for observing the FINOS guidelines for running project meetings. Project maintainers can find additional resources in the FINOS Maintainers Cheatsheet.

• All participants in FINOS project meetings are subject to the LF Antitrust Policy, the FINOS Community Code of Conduct and all other FINOS policies.

• FINOS meetings involve participation by industry competitors, and it is the intention of FINOS and the Linux Foundation to conduct all of its activities in accordance with applicable antitrust and competition laws. It is therefore extremely important that attendees adhere to meeting agendas, and be aware of, and not participate in, any activities that are prohibited under applicable US state, federal or foreign antitrust and competition laws. Please contact legal@finos.org with any questions.

• FINOS project meetings may be recorded for use solely by the FINOS team for administration purposes. In very limited instances, and with explicit approval, recordings may be made more widely available.

Agenda

• (5 min) Convene, roll call, welcome new people.
• Display FINOS Antitrust Policy summary slide
• Review Meeting Notices (see above)
• (5 min) Approve previous meeting minutes.
  • 2025-03-10 minutes approved by acclamation.
  • 2025-04 meeting was cancelled due to scheduling conflicts
• (5 min) FINOS kdb+ Project charter refresh
  • Karl will take it up with the Help team.
• (20 min) KX / kdb+ goings-on
  • KX approved by private equity.
    • https://www.timestored.com/b/kdb-acquired-by-private-equity/
    • https://www.investing.com/equities/first-derivatives-plc-income-statement
  • kdb+ 4.2 released with breaking changes
    • .q.k no longer a separate file
    • Many enhancements to support enterprise features were based on modifying q.k and testing internally at Morgan Stanley and then submitting to KX once proven out.
    • May also make certain startup issues harder to diagnose.
    • Preview k4.lic will expire in September.
  • How to license to permit continuous integration on GitHub still an open question.
• (10 min) Community building
  • Question of whether FINOS would be a barrier to the 10% non-FSI customer base of kdb+.
  • Not many kdb+ packages released via FINOS.
  • Maybe better as a forum for community input.
  • Clients reluctant to change their legacy code without a major return on the effort / risk.
  • FINOS charter defines "projects" and SIGs.
    • https://community.finos.org/docs/governance/
    • FINOS kdb Project started as a project, but now more like a SIG that has artifacts...?
  • Some contribution friction since First Derivatives develops code at banks.
    • Not clear how supportive clients are of approving consultants to contribute.
  • Worth socializing FINOS kdb Project in the newsletter?
    • Probably not enough kdb+ readership.
  • See if we can get the AWS FinSpace people interested in collaborating on qclone.
    • https://github.com/finos/kdb/tree/main/q/qclone
• (5 min) Brainstorming
• (5 min) AOB, Q&A, Adjourn

Join Zoom Meeting

• https://zoom.us/j/94523415326?pwd=NkJDaUtUUlZTcHVwcUJHdG0yRFJUdz09
• Meeting ID: 945 2341 5326
• Passcode: 361990
• Find your local number: https://zoom.us/u/abTtYRZ0B6

[gyorokpeter]

Péter Györök / KX

[ConnorGervin]

Connor Gervin / KX

[adavies42]

Aaron Davies / MS

[karlmoll]

Karl Moll / FINOS

[rdffy]

Ross Duffy / Morgan Stanley

[alvin-c-shih]

Alvin Shih / Morgan Stanley

[rdffy]

https://www.bbc.co.uk/news/articles/czdypjp4emmo#:~:text=FD%20Technologies%2C%20the%20Newry%2Dbased,Boston%2Dbased%20private%20equity%20investor.

The attempted buying of FD Technologies