Imported from previous forum
[ original email was from Annie Walsh - anniew@orcsoftware.com ]
OpenLink Selects CameronFIX for Findur Trading Application
SIFMA Conference Week, New York, NY, Wednesday 20 June 2007 – Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced global market solutions provider OpenLink has licensed the CameronFIX Universal Server for FIX order flow.
OpenLink, provider of cross-asset trading, risk management and operations processing software solutions, offers worldwide financial institutions the Findur Front-to-Back office suite for supporting trading and settlement of Foreign Exchange, Fixed Income, Derivatives, Commodity, and Energy transactions.
CameronFIX, Orc Software’s globally proven FIX connectivity solution used by leading financial institutions and exchanges worldwide, will provide Openlink with the capability for delivering trade messaging over the Financial Information eXchange protocol.
“Uptake of the FIX protocol continues to expand into new geographies and to support additional asset classes and areas of the trade process,” said Martin Koopman, President Orc Software North America. “Support for FIX is increasingly a mandatory requirement for financial institutions investing in new trading applications and we are pleased to have such a top-class organization like OpenLink utilizing our product.”
David Buksbaum, CTO of OpenLink says, “CameronFIX is the high performance FIX platform we require with architecture that simplifies integration with our existing architecture. CameronFIX is the flexible FIX platform that enables us to support order flow over the industry standard FIX protocol.”
CameronFIX is shipped as a stand-alone application or integrated with the Orc platform.
Orc Software is currently exhibiting at the SIFMA Technology Management Conference in New York and the FOW Derivatives Conference in London.
For further information contact:
Annie Walsh, CMO, +44-774-863-3445
Martin Koopman, President, North America, +1-212-792-5471
About OpenLink
Founded in 1992, OpenLink is a leading developer of cross-asset trading, risk management, and operations processing software solutions. The company’s Next Generation eXtensible (NGX) platform supports the most rigorous business requirements of firms trading in virtually all asset classes including interest rate derivatives, credit derivatives, hybrid/structured products, fixed income securities, insurance securities, foreign exchange, money markets, crude products, natural gas, electricity, metals, soft, and other commodities.
OpenLink’s global client base includes 120+ clients such as Banco Central de Costa Rica, Banco Itaú, Banco de Mexico, Bank of Canada, Bank for International Settlements, Deutsche Bank, Key Bank, and Nationwide Building Society.
Headquartered in Long Island, New York, and with offices in London, Houston, New York City, Berlin, Vienna, Sydney, and São Paulo, OpenLink employs 500 professionals worldwide.
About ORC Software
Orc Software (SSE: ORC) is a leading global provider of technology for advanced trading, market making and brokerage. Celebrating 20 years in 2007, Orc provides solutions and services to its worldwide customers from its offices across Europe, North America and Asia Pacific. Orc’s customers include leading investment banks, trading and market-making firms, exchanges, brokerage houses, institutional investors and hedge funds.
CameronFIX, the number one Financial Information Exchange protocol (FIX) electronic trading standard, provides the high performance FIX gateway to Orc’s 100+ global market connections and is also used as a stand-alone solution by major members of the global financial industry.
Orc Software has offices in Chicago, New York, Toronto, London, Stockholm, Frankfurt, Milan, Vienna, Zurich, St. Petersburg, Moscow, Hong Kong and Sydney.