Open Link to Distribute Orc CameronFIX
CameronFIX to be provided with Open Link’s Endur and Findur Trading, Risk Management, Operations and Portfolio Management Solutions
SIFMA Technology Management Conference Week, New York – Monday, June 9, 2008 – Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced that Open Link Financial, Inc. ("Open Link") has signed a license to distribute Orc CameronFIX to clients with Open Link’s solution suites.
Open Link, provider of cross-asset trading, risk management and operations processing software solutions, offers worldwide financial institutions front-through-back office solutions for supporting trading and settlement of Foreign Exchange, Fixed Income, Derivatives, and Commodities transactions.
Open Link will use Orc CameronFIX to enhance the ability to connect to third party systems and exchanges, leveraging Open Link’s integration tools, especially its highly available and scalable Connex offering.
“Orc CameronFIX has proven itself in the market and we are pleased to make it available with our solution suites,” notes Kevin Hesselbirg, CEO of Open Link. “Our clients demand reliable and high performance solutions, and distributing Orc CameronFIX with Open Link is another way for us to meet this demand.”
“Open Link’s financial markets solution has enjoyed considerable success, and we are pleased that they’ve chosen Orc CameronFIX to deploy with their applications,” notes Steve Lukes, VP of Americas Sales for Orc Software. “Orc CameronFIX has become the industry standard in FIX solutions, and we expect Open Link’s clients to see tremendous value through their use of Orc CameronFIX.”
The world’s leading banking and financial firms rely on the high performance trading capabilities of the Orc CameronFIX - the only globally proven FIX platform for brokers, fund managers, exchanges and software vendors across the securities, investment, banking and finance industries.
Orc Software is currently exhibiting at the SIFMA Technology Management Conference & Exhibit in New York and the IDX International Derivatives Expo in London.
About Open Link
Founded in 1992, Open Link is a leading developer of cross-asset trading, risk management, and related operational and portfolio management software. Open Link’s diverse client base of over 125 customers worldwide includes 10 of the top 25 largest energy companies by market capitalization, eight of the largest financial institutions and seven of the largest central banks, as well as major hedge funds and public utilities. Headquartered on Long Island, New York, and with offices in New York, Houston, London, Berlin, Vienna, São Paulo, and Sydney, Open Link has 560 employees worldwide.
www.olf.com
About Orc Software
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for the worldwide financial industry in the critical areas of advanced derivatives trading and low latency connectivity. Orc’s competitive edge lies in its depth of knowledge of the derivatives trading world gained by deploying advanced solutions for sophisticated traders for over 20 years.
Orc Trading and Orc Connect provide the tools for making the best trading and connectivity decisions… strong analytics, unmatched market access, powerful automated trading functionality, high performance futures and options trading capabilities, ultra-low latency, and risk management.
Orc’s customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds.
Orc provides timely sales and quality support services from its offices across EMEA, Americas and Asia Pacific.
www.orcsoftware.com
Editorial Contacts
Barry Vasudevan
Marketing Director, Americas
Orc Software
barry.vasudevan@orcsoftware.com
(212) 792-5487
Stephen Amador
Director of Marketing
Open Link Financial, Inc.
samador@olf.com
(516) 394-1274