Orc appoints Jeremie Bacon to lead Americas operations

For immediate release: Chicago, Wednesday May 22, 2013 – Orc, a leading provider of technology and services for the global financial industry, today announced Jeremie Bacon as the new regional President of Orc Americas. He succeeds Marty Leamy and will be based in Orc´s Chicago office.

Bacon is a seasoned financial services and B2B software executive, experienced in strategic organization building, sales and marketing as well as professional services. Prior to joining Orc, Bacon co-founded Backstop Solutions Group, a Chicago based firm that provides investor relations and hedge fund portfolio management software. Bacon also spent time at Goldman Sachs, where he worked in the institutional equity sales division.

“The Americas region is a critical component in Orc’s growth strategy and with Jeremie at the helm, we are confident that the company will continue to meet the changing and demanding needs of the derivatives industry,” said Torben Munch, CEO, Orc Group. “Jeremie’s extensive background and knowledge will enhance Orc’s offering and solidify our standing as a leading provider of technology and services for the global financial industry.”

“I was impressed by the quality of people at Orc Group and the thorough market knowledge Orc employees maintain,” said Jeremie Bacon, President, Orc Americas. “I look forward to leading the Americas region in this new chapter of Orc’s long-standing and successful history."

About Orc
Orc is a leading provider of technology and services for the global financial industry. Since 1987, Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.

Orc develops and provides the tools needed for running profitable trading or brokerage businesses in today’s competitive and ever-changing markets.

With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.

Orc is owned by Cidron Delfi Intressenter AB, which is in turn owned by Nordic Capital Fund VII.

www.orc-group.com

For further information, please contact:
Torben Munch, CEO, Orc Group AB, tel. +46 8 506 477 35
Jeremie Bacon, President, Orc Americas, tel. +1 312 541 4500, jeremie.bacon@orc-group.com
Jessica Titlebaum, Marketing Director, Orc Americas, tel. +1 312 541 4181, jessica.titlebaum@orc-group.com

Tags:

About Us

Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide. Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities. Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses. Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII. www.orc-group.com