Kalahari Introduces New Model for US$ OIS Pricing

Kalahari, a global provider of real-time price discovery and analytic solutions to financial and energy trading institutions in over 15 countries, today announced the launch of the company's new model for US$ OIS pricing.

As trading volumes in US$ OIS continue to grow rapidly, Kalahari identified the market's need for increased accuracy in pricing this product, and has developed sophisticated functionality to keep kACE customers at the forefront of the market.

Nigel Weston, Director - Americas, Kalahari Limited said: "Our latest model is another example of Kalahari's commitment to provide pricing applications and services that are up-to-the-minute and of real and lasting value to our customers. We have a number of customers already interested in this model and expect demand to be considerable from both existing and new customers."

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. With built-in flexibility that enables traders to create customised mathematical models quickly and easily, functions created in applications such as Excel can be seamlessly incorporated into kACE, combined with resident calculations from the world's leading maths libraries, and the results published across the network. kACE collects real-time prices from all the major data platforms. Data can be analysed in two and three dimensions and in both numerical and graphical formats allowing traders to view the information in any way they want.

- ends -