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 Rabobank International has signed an agreement to deploy kACE, the pricing, calculation and analysis tool for global traders, on their short Sterling desk in London.
kACE will provide the short-sterling trader with the flexibility to create customised mathematical models quickly and easily. Functions that have been previously created through internal systems and spreadsheets, such as Excel, will be seamlessly incorporated into kACE, along with kACE's own resident calculations. Using kACE, the trader will be able to analyse data in two- and three-dimensions and in both numerical and graphical formats and will then be able to view the information in any way required.
Commenting, Nic Poole, sterling trader at Rabobank said: "Kalahari's long-standing reputation in the industry and their ability to offer extended pricing and analytical functionality were integral to my decision. I have high expectations for its functionality and the positive contributions that it will make in pricing short Sterling."
Mark Holden, sales director EMEA, of Kalahari said: "To be selected by a top-tier bank underlines the continuing excellence of our flagship product, kACE, and the value placed on it in the financial markets."