Ubitrade, a leading supplier of advanced systems solutions for trading, risk management and back office on capital markets today announces that
Oddo & Cie, a prestigious Parisian investment firm, successfully went live with Ubitrade Futures & Options (Ubix) back-office package.
Oddo & Cie is a member of Paris Bourse (ex-SBF) and is active on all of its markets including cash market, second marchÃ©, nouveau marchÃ©, Eurex and
Monep. Oddo & Cie specialises in providing private and institutional
investors with a range of services including brokerage-related services,
treasury management, corporate finance and asset management.
Oddo & Cie have chosen Ubitrade's system to manage their brokerage-related
activities. Ubitrade will provide Oddo & Cie with a comprehensive
management system for the exchange traded Futures and Options on all the
world financial markets.
Ubitrade Futures & Options (Ubix) uses a relational database and relies on
a client/server architecture. The relational technology guarantees the
accessibility to the data and its safety whilst ensuring excellent
Francis Huba, Head of Back-Office at Oddo commented: "Ubitrade's technology
and their stability were key factors in our decision. The leading position of Ubitrade Futures & Options (Ubix) on the European market is also a guarantee of a high quality support level and of a perfect match of the product to our needs."
Jean-Luc Wibaux, Chief Executive Officer, Ubitrade, commented: "This deal
confirms Ubitrade's outstanding place on the Paris market. Ubitrade offers the user a cost effective, easy to tailor solution and highly flexible system, which is necessary to successfully support and develop financial institutions' derivatives trading activities."