GFI Opts for Kalahari's kACE

Kalahari, a global provider of real-time price discovery and analytic solutions to banks, brokers and other financial institutions, today announced that GFI, a leading inter-dealer broker, has selected kACE as its primary pricing tool for its new US Dollar interest rate swaps desks in Singapore and London.

Graham Mansfield, Director at Kalahari said: "The selection of kACE by GFI for its offices in Singapore and London illustrates the effectiveness of kACE as a global pricing and analytics tool."

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 worlds 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.

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About GFI
GFI Group Inc., through its various subsidiaries, is a leading inter-dealer broker specialising in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments. 

Headquartered in New York, GFI was founded in 1987 and employs more than 900 people with additional offices in London, Hong Kong, Tokyo, Singapore and Sydney. GFI provides services and products to over 1,300 institutional clients, including leading investment and commercial banks, corporations, insurance companies and large hedge funds. Its brands include GFI, GFInet ® and FENICS ® .