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DANSKE BANK LONDON TAKES kACE™ FROM KALAHARI

Kalahari, a global provider of real-time price discovery and analytic solutions to financial and energy trading institutions in over 16 countries, today announced the deployment of their kACE™ pricing and analytics application at Danske Bank in London.

Commenting, Tim Whipman, head of desk said: "Our traders require a sophisticated and highly robust platform; kACE was selected as a reliable and adaptable solution."

Mark Holden, sales director EMEA, at Kalahari, said: "Danske selected Kalahari because of our exceptional ability to empower traders with a pricing and analysis solution that provides accuracy and transparency across the trading room. Through kACE, banks benefit from our trading expertise and global understanding of trading requirements and emerging methodologies. Customers can be assured of Kalahari’s commitment to helping banks and other financial institutions meet the continually changing requirements."

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.