SEB’s Merchant Banking division expands the usage of the Orc platform
Leading Northern European financial group SEB adds new users and connectivity to its Orc Trading solution for market making and risk management.Stockholm, SWEDEN, Thursday March 18, 2010 – Orc Software (SSE: ORC), the leading global provider of technology for advanced trading and connectivity, today announced that SEB’s Merchant Banking division has upgraded their Orc Trading solution to the bank’s growing needs for market making and risk management. SEB is the leading market maker on the Nordic exchanges. The order was booked in Q4, 2009 and the contract is based on Orc´s licensing