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Sterling International Brokers Limited Turns to kACE™ for Arbitrage Desk

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 Sterling International Brokers Limited, London has selected kACE™, the real-time price discovery, analytics and decision support solution, for their new arbitrage desk in London.

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. Apart from transactional business, Sterling International Brokers Limited also provides treasury management consultancy through its Sterling Consultancy Services division and also, a cash management service.

Commenting on the selection of kACE, Dot Ching-Poh Kuan, Director of Finance, Human Resources and Compliance said, "We are very impressed with the level of support we receive from Kalahari, both now and throughout the evaluation process. kACE is extremely comprehensive and flexible and the pricing models are fast and accurate."

Stephen Chattaway, Arbitrage broker at Sterling International Brokers Limited 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 Sterling International Brokers Limited has selected kACE for their new arbitrage desk. Being selected by a company opening a new desk underscores our ability to deliver the business results our clients need and respond to the challenging requirements facing the financial markets today."

kACE is the industry’s leading real-time price discovery and analytics solution designed for enterprise-wide use at broking firms, banks 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.