Aegis Software Opens UK Office to Support Growing International Market for its Advanced Trading Solutions

Imported from previous forum

[ original email was from Carrie Gallagher - cgallagher@aegisoft.com ]
London, August 7, 2007 – Aegis Software Inc., a leading global provider of high performance, customizable trading and testing solutions, is pleased to announce it has opened an office in London, England. The new office will provide a platform for Aegis to meet growing international demand for its market leading solutions and provide advanced support for its current global customer base. Aegis’ comprehensive solution suite supports multi-asset trading requirements, from buy-side quantitative funds and hedge funds engaged in algorithmic and statistical-arbitrage, to sell-side firms engaged in program, principal, agency, derivatives and proprietary trading.

“There is a growing desire amongst trading companies in Europe to gain a competitive advantage by having access to the right technology,” said Norm Friedman, Vice President, Aegis Software. “Increasingly, our customers have become more sophisticated, wanting greater control over trade execution, and more efficient direct market access. The heightened demand for algorithmic trading functionality amongst European quantitative trading desks and the popularity of spread trading across the energy futures markets were also factors for opening an office in London,” added Friedman.

Aegis’ AthenaTrader product offering is a broker-neutral execution management platform that aggregates an entire market. It enables traders to view numerous instruments and multiple currencies, concurrently, in the same portfolio or blotter across the network or around the world.

“Our work in Europe has continued to increase, making a physical presence in the region of clear strategic significance for the company and our clients,” said Stan Adelman, President of Aegis Software. “This represents a remarkable opportunity for us to bring our resources and capabilities to bear in a market that is ripe with potential,” added Mr. Adelman.

The London-based office is comprised of a staff of Sales, Business and Technical support. The new office will be headed by Malcolm Piper, Manager, European Sales. Mr. Piper, has significant understanding of trade process management and international experience in advancing support for a growing European customer base. The office is located at 25 Old Broad Street. To contact our European Sales and Support office, call +44-20-7877-0707 or email info@aegisoft.com.

About Aegis Software Inc.
Since 1994, Aegis Software has been creating powerful, sophisticated and easy to use trading software and services for financial companies that demand performance, robustness, availability, and flexibility. Aegis is the developer of Athena, an algorithmic execution management system (EMS) for Equities, Options, Futures, and Foreign Exchange trading. In addition to trading solutions, Aegis’ testing products – Exchange Simulator, Client Simulator and T3 – are considered the industry standard for automated, regression, interactive and performance testing of FIX-based trading systems. Aegis provides unmatched trading solutions to clients such as Citigroup, Credit Suisse, Deutsche Bank, JP Morgan Chase, Lehman Brothers and many others. For more information visit www.aegisoft.com.

Media Contact:
Steve Oppenheimer
Director of Marketing
Aegis Software Inc.
+1-212-651-9464
soppenheimer@aegisoft.com