Orc Software and E2E Infotech extend partnership to algorithmic trading solutions
Stockholm, SWEDEN, Weekday November 2, 2009 – Orc Software (SSE: ORC), the leading global provider of solutions for advanced trading and connectivity, today announced the addition of E2E Infotech as a business partner for deploying algorithmic trading solutions based on Orc Trading.
Through this extended partnership, E2E Infotech, a subsidiary of AurionPro Solutions Ltd, and a longtime global integration partner of Orc Software, will extend its services to provide custom developed trading strategies and professional services to joint customers based on the Orc Liquidator algorithmic trading solution. E2E has recently been involved with customers in the Americas region, for developing, testing and implementing high frequency, low latency algorithmic trading strategies. ”The Orc Liquidator algorithmic trading platform combined with custom low latency trading strategies developed for us by E2E is very well suited for our business requirements,” said George Kapotas, senior trader with the Gelber Group, a joint customer of Orc Software and E2E. ”We are very pleased with this solution, which gives us the edge over our competitors in the algorithmic trading space.” "Orc Trading provides one of the most sophisticated algorithmic trading solutions currently available in the market,” said Nirav Shah, Head of Operations, AurionPro. “We are very pleased to continue working closely with Orc to deliver solutions and services required by our customers, now with the addition of custom developed trading strategies. Our successful and strategic partnership with Orc Software since 2001, along with our skills in algorithmic trading and a decade of experience from capital markets systems development, makes E2E ideally placed to assist Orc in its expansion in the algorithmic trading space." “Working together with E2E Infotech has proved very fruitful over the years, and we are convinced that their skills and experience will also be a great asset for our customers when it comes to optimizing and expanding their use of our algorithmic trading solutions,” said Anders Henriksson, Vice President Business Development, Orc Software. “We now look forward to continue and expand this successful partnership.” About E2E Infotech E2E Infotech is a subsidiary of Mumbai, India-based AurionPro (BSE:AURIONPRO, BSE: 532668), a capital markets solution provider catering to the IT requirements of financial institutions, more specifically, traders, brokers and banks. AurionPro was recently named to the Forbes magazine “200 Best Under a Billion” rankings of Asian small- to medium-sized companies throughout Asia-Pacific. Earlier this year, AurionPro announced that it was named sixth on the list of India’s Fast 50 and 74th in the ratings for Technology Fast 500 Asia Pacific by Deloitte Touche Tohmatsu’s Global Technology, Media & Telecommunications Industry Group. E2E Infotech is an Orc business partner, providing integration around Trading Systems and consulting services for the capital markets domain and FIX Compliant Systems along with value added components for front, middle and back office integration for market making, proprietary trading and brokerage areas dealing with equity and equity derivatives trading. E2E Infotech also inherits from AurionPro a strong niche presence in Cash Management solutions and well established presence in Treasury, Risk Management and payment processing systems. www.aurionpro.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 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 with 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 banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds. Orc provides sales and support services from its offices across EMEA, Americas and Asia Pacific. www.orcsoftware.com For further information, please contact: Mr. Aniruddh Mishra, Head of business development-EMEA, E2E Infotech, Tel: +44 20 8331 2461 (O), +44 781 2569321 (M) Mr. Sanjay Gokhru, Head of Sales – Americas - AurionPro Inc. Tel: +1 732 548 9408 x104 (O), +1 609 240 7146 (M) Mr. Nikhil Bhat, Practice Lead - Americas, E2E Infotech, Tel: +1 732 325 1990 (O), +1 732 372 5937 (M) Anders Henriksson, Vice President Business Development, Orc Software, Tel. +43 6 767 215 116 Christine Blinke, Investor Relations and Marketing Director, Orc Software, Tel. + 46 739 01 02 01
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