Orc Software (SSE: ORC), the leading global provider of technology for advanced trading and connectivity solutions, today announced that it has signed an Independent Service Partner Agreement with Canon IT Solutions Inc., a wholly owned subsidiary of Canon Marketing Japan Inc.
According to the partner agreement, Canon IT Solutions will provide services and solutions to Orc's growing domestic Japanese customer base. Canon IT Solutions will typically offer services such as integration and upgrades related to Orc's Trading solutions and Orc's various market connections to the Japanese exchanges.
"One of our key business strategies across the Asia Pacific region is to team up with quality local service providers in order to ensure that our customers have access to trained and experienced resources capable of assisting them with integrating and scaling the Orc system within their business. We see the local expertise and market presence that Canon IT Solutions brings to the Orc Vantage program as providing the basis of a strong relationship which will leverage the core competencies of both companies to provide the Japanese trading community with world class systems, solutions and support, " says Greg Chambers, President, Orc Software Asia Pacific.
"Canon IT Solutions is excited about the prospect of collaborating with Orc in order to capitalize on the evolving financial market landscape in Japan. We see that our locally provided technical services and expertise will strongly complement Orc's globally proven trading solutions on next generation exchange platforms such as those provided by LIFFE Connect and Nasdaq OMX," says Masanori Ito, Corporate Officer, Canon IT Solutions.