Orc Software (SSE: ORC), the leading global provider of technology for advanced trading and connectivity, today announced that Banque Du Bois, a private banking firm based in Zurich, Switzerland, has ordered and are now live in production with Orc Trading for its proprietary trading operations.
The solution has been further tailored to Banque Du Bois needs by professional services from Orc's partner E2E Infotech. The order was booked in Q4, 2008.
"As we evaluated several technology options for supporting our trading, it soon became apparent that Orc provides just the right solution for our needs," said Brian Sparks, CEO, Banque Du Bois. "Orc has excellent references from other Swiss customers, they offer excellent standardised functionality and very stable market access," We also appreciate Orc's extensive integration capabilities, which allows us to easily add functionality using third-party development."
"We are pleased that Banque Du Bois has chosen the Orc platform to support their current and future electronic trading requirements," said Christopher Lederer, Vice President Sales Western Central Europe, Orc Software. "By replacing an inhouse developed trading solution with the Orc platform, Banque Du Bois will have all the benefits from a standard software solution including industry-leading performance, functionality and support, while keeping the option to build a system that is also tailor-made for their specific requirements."
Orc Trading provides the competitive edge to trade from a single platform capable of running thousands of complex trading strategies simultaneously. Orc Trading is used by financial firms worldwide for enhanced trading, pricing and risk management on electronically traded derivatives.