ABR Financial deploys Orc Trading solution on various European Exchanges


ABR Financial deploys Orc Trading solution on various European Exchanges 

Stockholm, SWEDEN, Thursday  September 17, 2009 - Orc Software (SSE: ORC), the
leading global provider of technology for advanced trading and connectivity
solutions, today announced ABR Financial has selected Orc Software to support
its entire electronic trading operations. The Orc Trading and Orc Connect
solution implemented by ABR Financial includes proprietary trading, market
making, algorithmic trading and Direct Market Access (DMA). ABR Financial is a
privately held trading firm based in Amsterdam, the Netherlands, mainly focused
on the financial markets in the Benelux region. The order was booked in Q2,
2009, and the contract is based on Orc's licensing subscription model.

“Our detailed evaluation of electronic trading solutions convinced us that Orc
offers the right solution for all our business needs,” said Walter Hendriks,
Managing Director, ABR Financial. “We are truly impressed by the capabilities
and performance of Orc Trading, plus the quick and effortless implementation.”

“ABR Financial is a sophisticated customer that appreciates the rapid time to
market offered by Orc,” said Christopher Lederer, Vice President Sales Western &
Central Europe, Orc Software. “Using Orc's turnkey approach and dedicated
implementation support, ABR were able to execute algorithmic trading on multiple
markets and across various asset classes within a week after signing our
agreement.”

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 instruments.

Orc Connect is the global financial industry's leading connectivity solution.
Orc Connect offers direct market access to over 100 securities and derivatives
markets worldwide. Orc customers trade nearly every liquid asset class; equity
and fixed income securities as well as cash FX options and futures on equities,
interest rates, commodities and currencies.  

Orc Software is next exhibiting at Screen Events in Amsterdam, September 24. For
more information refer the events section of the Orc Software website.


About Orc Software's revenue model
Standard agreements follow Orc's licensing subscription model, a flexible
approach designed to streamline the customer onboarding process and provide ease
of access to software updates, together with a mature support framework.
Customers are invoiced quarterly, in advance, and revenue allocated to the
invoicing period.


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 quality support services from its offices across EMEA,
Americas and Asia Pacific. 
www.orcsoftware.com


 
About ABR Financial
ABR Financial, located at the World Trade Center in Amsterdam, The Netherlands,
has its primary business and operating models targeting pan-European derivatives
markets for market making activities and providing liquidity to pan-European
equity markets.

In addition ABR Financial is currently investigating brokerage opportunities on
several markets to facilitate large Dutch and other international institutional
clients and provide them with execution only services. 

Besides actively participating in the financial markets, ABR Financial can
provide financial institutions and regulators with professional consulting for
their capital markets business. ABR Financial has employed skilled and
experienced project managers with in depth knowledge of subjects like MiFID,
Market Abuse and Asset Management.

www.abrfinancial.nl 


Media contacts
Walter Hendriks, Managing Director, ABR Financial, Tel. +31 20 82 000 82 
Christopher Lederer, VP Sales Western Central Europe, Orc Software, Tel. +31 6
46104 007 
Christine Blinke, Investor Relations & Marketing Director, Orc Software, Tel. +
46 739 01 02 01 
For further information, including image downloads, please visit the Orc
Software Press Room at: http://www.orcsoftware.com/About-Orc/Orc-Press-Room

Attachments

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