Banca Aletti deploys Orc Liquidator for market making on the Italian Derivatives Market


Banca Aletti deploys Orc Liquidator for market making on the Italian
Derivatives Market

Stockholm and Milan, Wednesday, June 22, 2011 - Orc Group (SSE: ORC),
the leading provider of technology and services for the global financial
industry, today announced that Milan-based investment bank Banca Aletti
has selected Orc Liquidator, Orc's server-based automated trading
platform, for their Italian Derivatives Market (IDEM) market making
business. The order was booked in Q2 2011, and the contract is based on
Orc's licensing subscription model.

Banca Aletti is the Private and Investment Bank of the Banco Popolare
Group, one of the five largest Italian Bank Groups, and a longtime and
experienced Orc customer. Since 2004 Banca Aletti has progressively
expanded the usage of the Orc solution moving from market making on the
Securitized Derivatives Exchange on to all Italian and some major
European markets, both via membership and non-membership market access.

“Banca Aletti needed a solution that easily allows implementation of our
proprietary quoting strategies together with real time management of
standard trading parameters like position, risk and volatility,”
comments Alessandro Garufi, Head of Equity Structured Products at Banca
Aletti. “Orc Liquidator has met our organization's growing requirements
for a fully automated solution that is flexible and scalable, reliable
and performing at the same time.”

“After trying Orc Liquidator first hand, Banca Aletti realized the
product's innate potential and how it can contribute to further
expanding the bank's market share,” notes Daniele Moressa, Sales Manager
at OrcItaly. “We are confident that with Orc Liquidator, Banca Aletti
has chosen a solution that will allow them to stay competitive and to
further grow their business to more products and markets.

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. Orc Trading is available both as deployed
software and as managed services.

About Orc Group's 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 Banca Aletti

Banca Aletti & C. S.p.a, part of the Banco Popolare Group, offers a
comprehensive range of financial services that spans from the investment
banking services to the investment management and private banking ones.
The investment banking division provides individual investors and
financial institutions, as well as corporate clients, with an efficient
access to Italian and international money, fixed income, foreign
exchange, commodities and derivatives markets. It also provides
customers with a full range of financial risk management products.
Thanks to the synergies among the investment management division's
financial expertise and the private banking division's client-driven
approach, Banca Aletti offers a full range of value-added wealth
management solutions to meet the specific and increasingly sophisticated
needs of individual investors.

www.aletticertificate.it (AppData/Local/Microsoft/Windows/Temporary%20In
ternet%20Files/Content.Outlook/Impostazioni%20locali/Temp/Impostazioni%2
0locali/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Con
tent.Outlook/N2UPWVP0/www.aletticertificate.it),
www.alettibank.it (AppData/Local/Microsoft/Windows/Temporary%20Internet%
20Files/Content.Outlook/Impostazioni%20locali/Temp/Impostazioni%20locali
/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Ou
tlook/N2UPWVP0/www.alettibank.it)

About Orc

Orc is a leading provider of technology and services for the global
financial industry. Orc delivers trading and market access solutions
that are 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 a profitable trading and brokerage
business 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 the EMEA,Americasand
Asia-Pacific regions. Orc Group is listed on Nasdaq OMX Stockholm (SSE:
ORC).

www.orcsoftware.com (AppData/Local/Microsoft/Windows/Temporary%20Interne
t%20Files/Content.Outlook/Impostazioni%20locali/Temp/Impostazioni%20loca
li/Temp/notesE06447/www.orcsoftware.com)

For further information:

Alessandro Garufi, Head of Equity Structured Products, Banca Aletti,
alessandro.garufi@alettibank.it

Daniele Moressa, Sales Manager, Orc, +39 02 80580712

Christine Blinke, VP of Marketing and Investor Relations, Orc Group, +46
8 506 477 21

 

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