The agreement enables Algorithmica to offer extended middle office risk management tools integrated with Orcâs advanced trading solutions to the financial markets globally. The Algorithmica technology complements Orcâs advanced trading and risk solutions and helps market participants meet the increasing demand for real-time quantitative financial analysis and middle office risk management. Through the partnership, Orc and Algorithmica can deliver a fully integrated solution that satisfies all business requirements from trading management.
âOrc Software is a world-leading software supplier to the global financial markets, and we are very pleased to work together with Orc and complement their state-of-the-art trading and trading risk solutions with sophisticated middle office risk management,â said Johan Treskog, Sales Manager, Algorithmica Research. âWe see a dramatic increase in the market demand for real-time risk management tools. By combining our expertise in middle office risk management and quantitative financial analysis with Orcâs competitive edge to trade and do trading risk analysis from a single platform, we provide an integrated solution covering all business requirements both from the trader and the risk manager.â
âAlgorithmica has been developing sophisticated software applications for the financial markets since 1993, providing banks, asset managers and corporate treasuries with innovative software solutions using the latest developments within the area of quantitative finance,â said Peter O BÃ¤ck, Sales Director Nordic Region, Orc Software. âBy teaming up with Algorithmica, we greatly enhance our opportunities by offering strategic technology for electronic trading to the global financial markets. This combined with their excellent software technology skills makes Algorithmica a natural choice of partner for Orc Software and their contributions will be a welcome addition to our current sales and marketing activities in the region.â
Orc Connect is the global financial industryâs leading connectivity solution. Orc Connect provides traders and brokers with fast, reliable access to liquidity pools, both for market members and non-members, in the critical areas of execution, market data and reference data.
Orc Trading is used by leading financial firms worldwide for enhanced trading and risk management for electronically traded derivatives. It encompasses both screen-based trading and algorithmic trading for firms to trade any listed instrument, across all asset classes, on 100+ markets.