Kace partners with algorithmica to launch fx volatility aggregator

London, aug. 23, 2021 /prnewswire/ -- kace, a division of fenics software limited, an entity within the bgc partners, inc. (nasdaq: bgcp) ("bgc partners," "bgc" or the "company") group of companies, announced today the launch of its kace volatility aggregator (kace va) application, a collaboration between kace and algorithmica, leveraging both organisations' vast experience in fx derivatives and advanced analytical solutions to deliver unparalleled volatility aggregation functionality. the kace va application allows users to combine fxo volatilities from multiple sources to create a unique surface that feeds downstream into client applications such as kace pro, back and middle office systems and proprietary technologies.
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