Kalahari, a global provider of real-time price discovery and analytic solutions to financial and energy trading institutions in over 16 countries, today announced that Gottex Brokers S.A. has selected kACE, the real-time price discovery, analytics and decision support solution, for their operations in Lausanne, Switzerland.
Gottex Brokers S.A. provides brokerage and advisory services to participants in the inter-bank market for interest rate derivatives. Gottex currently has a combined client base in excess of 200 banks and other financial institutions around the world.
Joachim Gottschalk, chairman of the Gottex Group. said, "We chose kACE because it is a proven solution already widely used amongst the broking and banking community. Kalahari will provide us with the reliable support we would expect to ensure a continual service to our clients."
Mark Holden, sales director EMEA at Kalahari said, "We are delighted that Gottex has selected kACE for their pricing needs. We are looking forward to working together now and in the future, providing the appropriate enhancements to keep them continually at the forefront of their market."
kACE is the leading real-time price discovery; analytics and decision support solution designed for enterprise-wide use at inter dealer brokers, banks, energy/utility firms and other financial institutions and corporations. kACE has been designed with flexibility in mind, and allows bespoke design for each customer and individual end-user requirements. With over 1600 calculations embedded in the system from the best maths library experts in the industry, along with Kalahari's own libraries, kACE is capable of pricing the most complex financial instruments currently traded within the financial markets.