Kalahari Reports Record Growth of kACE Deployment in Banking Sector |
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-- First half of 2006 sees seven European banks sign up for Kalahari's pricing, analytics and publishing solution --
kACE is the industry's leading real-time price discovery and analytics solution designed for enterprise-wide use at banks, broking firms and other financial institutions and corporations. With flexibility and control as the driving design principles, kACE gives traders the tools and the freedom to innovate and concentrate on what they do best calculate and effect the trading opportunity. Commenting, Mark Holden, sales director EMEA, Kalahari said: "This increase of leading banks adopting kACE is testament to our commitment to providing powerful trading tools and valuable customer support. Trading applications must be sufficiently adaptable to keep up with the demands of traders and markets. Changes in individual trader requirements, methodology or convention have to be implemented as soon as possible if an institution is to maintain its competitive edge in the market. With our advancing product line, we are anticipating accelerated growth in the second half of 2006." - ends - |
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Notes to Editors:
About Kalahari
Kalahari is a global provider of real-time price discovery, analytics and data publishing software solutions. For more than 20 years, Kalahari has been delivering real-time analytics to trading rooms around the world. Our products are tailored for financial market professionals working in the money, foreign exchange, fixed income, emerging and energy markets and are trusted by some of the world's leading institutions to help drive trading decisions across the markets. Our products have a reputation for accuracy, scalability and ease of use.
Additional information about Kalahari is available at www.kalahari.co.uk.
Forward-Looking Statements
This press release contains forward-looking statements relating to results of operations; product features and benefits; market penetration and market strategies. Such statements are made based on management's beliefs as well as assumptions made by, and information currently available to, management, pursuant to "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. While these statements reflect our best judgement, they are subject to risks and uncertainties that could cause a change in focus and direction.
For further information, please contact:
Kalahari Public Relations Manager
T: +44 (0)1483 756 246