Tradition rolls out Kalahari's Kace in Sydney

Tradition rolls out Kalahari's Kace in Sydney

Tradition, a subsidiary of brokerage group Compagnie Financière Tradition, is extending its implementation of Kalahari's flagship pricing and analytics system, Kace, to include its Sydney office.

Tradition Sydney will use Kace as its primary price discovery and analytics tool. The system will deliver extended pricing and analytics capabilities for interest rate swaps, forward rate agreements and overnight index swaps for multiple currencies including Australian dollar, New Zealand dollar and US dollar.

Adam Husband, manager, capital markets, Tradition Sydney, says: "Our priority was to partner with a solution vendor with extensive broking expertise, strong local support and a solution that can meet our present and future requirements."

Kace has over 1600 embedded calculations from maths library experts along with the vendor's own libraries. The system captures real-time data from a number of diverse sources and massages that data into a common format.

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