Uptake of Orc technology continues in Nordic region with latest deal to Saga Capital
LONDON & STOCKHOLM: Wednesday April 18, 2007 – Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced an agreement with the Icelandic bank Saga Capital for its electronic trading requirements. Saga Capital has scheduled deployment of the Orc solution for May 1.Saga Capital is the new investment bank founded by former Kaupthing Bank executives Thorvaldur Ludvik Sigurjonsson and Hersir Sigurgeirsson.Saga Capital has signed for an Orc technology platform that includes Orc Trader, Orc Online, Orc ExNet, Model