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About Us

Over 30 Years of Innovation in FX and Rates Derivatives Workflow Solutions

Founded in 1987, kACE has been a multi award winning, market leading FX Options technology and service provider for 38 years, offering customers pre- and post-trade analytics, trade workflow automation and connectivity

In 2017, kACE acquired Kalahari to expand the product range into Linear FX and Rates Analytics

in building connectivity to all major players within the FXO ecosystem, including (i) large multidealer platforms, (ii) O/EMS providers, (iii) risk management platforms and (iv) distribution platforms

 

Our Vision

 

To be the leading provider of intelligent workflow solutions in FX and Rates derivatives, enabling our clients to trade smarter, faster, and with greater confidence.

 

Leadership
Team

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Stephen Helm

Managing Director of kACE & Global Head of Sales

Stephen oversees the strategic, commercial and operational management of the business, with ultimate responsibility for delivering product and client service excellence across the kACE suite of software solutions.

Callum Jefcoate headshot

Callum Jefcoate

Head of kACE Product Management

Callum leads the product strategy at kACE, driving innovation across both core offerings and bespoke client solutions as well as bridging the development and commercial teams.

Tim Andrews headshot

Tim Andrews

Head of kACE Commercial Strategy

Tim leads the commercial strategy at kACE, focusing on market expansion and go-to-market execution to drive growth and visibility of our products.

John Molloy

Head of kACE Technology – FXO

John plays a critical leadership role overseeing the infrastructure and development of the kACE FX Options product suite.

Piers Hopkins

Head of kACE Technology – FX & Rates

Leading the Product Development efforts, Piers provides technical strategy and vision for the kACE linear products.

Fenics / kACE Timeline

2025

Deeper automation of kACE workflows and liquidity connectivity for exotic options, delivering a fully integrated and automated FX options trade lifecycle solution.

2023

Launch of kACE OMS, a dedicated Order Management System for FX options with connectivity to major trading venues and liquidity providers.

2022

Continued integration of digital assets and cryptocurrency analytics into kACE Pro platform.

2021

Introduction of kACE Volatility Aggregator (kACE VA) through partnership with Algorithmica, aggregating FX option volatilities from multiple sources.

2019

Launch of streaming FX Options pricing within kACE Pro, featuring enhanced hedging and automated distribution.

2018

kACE wins FX Week Best Banks Award for Best Vendor: Risk Management/Options Pricing Software.

kACE deepens it footprint in the Japanese market via strategic alliance with QUICK Corp, offering kACE Product suite to QUICKs Japanese client base

Launch of kACE product brand, merging Fenics and Kalahari offerings into a comprehensive suite for pricing, analytics, trading, and connectivity.

2017

Wins e-FX Award: Best e-FX Software Provider.

Acquires Kalahari Limited, provider of real-time pricing and analytics for FX and interest rate derivatives.

2016

Wins FX Week Best Banks Award for Best Vendor: Risk Management/Options Pricing Software.

2015

Following BGC’s acquisition of GFI, FENICS Software becomes part of BGC Partners Data & Analytics division.

Launch of FENICS Dealing Engine to automate sales-trading communication and workflows.

2013

Partnership with Traiana’s Harmony network for connectivity to trade repositories and central clearing parties.

2012

Wins inaugural e-FX Award for FX options initiative of the year (recognizing FENICS Trader launch).

2011

Launch of FENICS Trader, a multibank FX option trading platform.

2010

Release of FENICS Professional including Sales-to-Trader workflow with RFQ and bilateral trading.

Launch of FENICS Gateway — messaging hub simplifying two-way electronic trading communications.

2008

Launch of FENICS Enterprise — server components allowing clients to access prices and analytics online.

2005

Launch of FENICS Deal FX — online pricing and trading with customizable web front-ends and internal analytics integration.

2004

Partnership with UBS: Automatic upload of trade data from UBS Options Trader to FENICS for pricing and portfolio risk analysis.

2001

Acquired by GFI Group (now part of BGC Group).

FENICS integrated into GFI’s technology division, supporting FX options price discovery, risk management, and trade support.

1996

Acquired by Inventure Ltd, which connected FENICS to back-office systems via FENICS Connect (linking Pricing and Analysis tools).

1987

Founded by Astrogamma Ltd.

Launch of FENICS (Foreign Exchange Nuclear Interplanetary Computer System), a pioneering currency option pricing system.

  • 2025
  • 2023
  • 2022
  • 2021
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2013
  • 2012
  • 2011
  • 2010
  • 2008
  • 2005
  • 2004
  • 2001
  • 1996
  • 1987