Business Growth at Sterling Brokers Prompts Wider Adoption of Kalahari's kACE Across Sales Desks |
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London. 17th August, 2010. Kalahari a specialised data management, pricing analytics, and data publishing software house for the financial markets, today announced that Sterling International Brokers Limited London (http://www.sterling-int.co.uk) has increased the number of positions using kACE, in a move the firm said is aimed at supporting further business growth. Sterling International Brokers Limited is a money broking company providing a range of services to banks, building societies, the public sector and commercial participants in the Sterling and Currency markets. Commenting, Dot Kuan, Finance Director at Sterling International Brokers said: "kACE has helped support our business growth through its sophisticated cross-currency USD/GBP/EUR interest rate derivatives pricing and G-10 currency arbitrage capabilities. It provides us with fast access to optimised real-time prices and data for our internal and external customers and helps improve our own client service through its accurate pricing. The system is extremely reliable, both in terms of its pricing and its availability." Graham Mansfield, managing director at Kalahari said, "We are especially pleased that Sterling Brokers has chosen to increase its number of kACE users because the company has a strong and growing reputation in the market. We worked closely with Sterling Brokers to quickly adapt kACE to support their specific pricing methodology requirements which has led to increased market opportunities for the firm. We believe the demand for kACE underscores our ability to deliver the business results our clients need and our system response to the challenging requirements facing todays markets conditions." Through kACE, Kalahari offers a smart approach to the challenging requirements of interest rate derivative pricing & FX arbitrage. kACE provides access to broader, deeper liquidity, leading to improved price discovery for traders. - 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
For further information please contact us:
+44 (0)1483 756246