An established Orc Software customer, Banca IMI has incrementally leveraged the Orc system across its equities business; reducing its number of disparate systems, and therefore related IT complexity, whilst lowering infrastructure costs.
Banca IMI is using Orc Liquidator, Orc Trader and eight Orc market connections for the Italian Derivatives Market (IDEM), Italian Stock Exchangeâs (MTA, SeDeX), EUREX, XETRA, EURONEXT, SFC, and most recently TLX.
With Orc Liquidator Banca IMI captures latest market opportunities by taking advantage of its high performance capabilities for adapting strategies on-the-fly in response to changing market conditions. The reliable and stable Orc Trader meets demanding market requirements for handling large trading volumes on multiple markets and risk management.
Banca Caboto, an investment bank also within the Intesa Sanpaolo, uses advanced trading technology from Orc Software.
âOrc Software continues to provide advanced trading performance to the worldâs leading financial institutions; its agreement with Banca IMI a further indication that the European banking community relies on the stable Orc technology,â says Matteo Carcano, President Western Europe for Orc Software. âWe look forward to continuing the strong partnership we have established with Banca IMI over a number of years.â