Regulatory News:
For Immediate Release: Hong Kong, Sydney and Tokyo – Tuesday, February
7, 2012 – Orc Group AB (STO:ORC)(SSE: ORC), a leading provider of
technology and services for the global financial industry, today
announced that the Singapore-based fund management company Theoria
Capital Management Pte Ltd. (Theoria Capital) has added Orc Liquidator
to their existing Orc infrastructure to further support their increasing
trading needs in Asia. The order was booked in Q4, 2011, and the
contract is based on Orc’s licensing subscription model.
“Over the years, Orc’s solutions have proven to be an essential
component of our trading business, and we are happy to add Orc
Liquidator to further support our growing high-frequency trading need in
Asia,” says Minoru Umezaki, President, Theoria Capital. “Orc Liquidator
combines the intelligence, automation and performance we were looking
for, and allows us to develop and deploy more advanced trading
strategies into APAC markets.”
“We are proud to provide Theoria Capital with Orc Liquidator that
further accelerates their trading business in Asia,” says Grant Wilson,
Regional Sales Manager, APAC, Orc. “The extended use of Orc’s technology
by Theoria Capital, shows their continued trust in our products’
performance and flexibility, and we look forward to supporting their
continued success.”
Orc Liquidator is part of Orc Trading solutions. Orc Trading solutions
are used by leading financial firms worldwide for market making,
volatility trading and high-frequency trading. Together with access to
all major cash and derivatives markets and a network of brokers, this is
truly an unmatched offering.
About Orc Group revenue model
Standard agreements follow Orc’s licensing subscription model, a
flexible approach designed to streamline the customer on boarding
process and provide ease of access to software updates, together with a
mature support framework. Customers are invoiced quarterly, in advance,
and revenue allocated to the invoicing period.
About Theoria Capital Management Pte Ltd.
Theoria Capital Management is a Singapore-based fund management company
founded in 2007 by Minoru Umezaki. The company manages an offshore fund
“Theoria Multi-Strategy Fund” for accredited investors. The Investment
Team at Theoria Capital primarily focuses on Japanese equity related
instruments and implements wide range of investment strategies. Since
inception, the fund has recorded high double-digit annualized return and
the current AUM is approximately USD 244 million.
About Orc
Orc is a leading provider of technology and services for the global
financial industry. Orc delivers trading and market access solutions
used by proprietary trading and market making firms, investment banks,
hedge funds and brokerage houses worldwide.
Available as deployed software or as managed services, Orc develops and
provides the tools needed for running profitable trading or brokerage
businesses in today’s competitive and ever-changing markets.
With market presence in all major global financial centers, Orc provides
sales and support services from its offices across EMEA, the Americas
andthe Asia-Pacific regions.
Orc Group AB is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).
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