Cognitive Capital Selects Catalys to Support Low Latency Trading


Cognitive Capital Selects Catalys to Support Low Latency Trading

-     Chicago-based trading firm leverages CameronTec's latest FIX
infrastructure technology
-     Achieves significant latency improvement in real-life testing
conditions

For Immediate Release: Chicago, Thursday 22 September 2011: CameronTec,
the financial industry's leading provider of FIX infrastructure and
connectivity solutions and wholly owned subsidiary of Orc Group (SSE:
ORC), today announced Cognitive Capital, a Chicago-based proprietary
trading firm and CameronFIX customer since 2009, has elected to migrate
to Catalys for its low latency trading environment. The agreement was
completed during Q3 and is based on CameronTec's licensing subscription
model.

Catalys is the industry reference for FIX ecosystems, developed
specifically to address the cross-functional needs of financial firms
that rely on the FIX protocol. A highly adaptive and totally integrated
FIX environment, Catalys is based on the industry's most widely
production installed FIX engine globally, CameronFIX.

Cognitive Capital is utilizing Cameron technology to support their low
latency, proprietary trading strategies by providing high performance
FIX connectivity between their algorithmic trading systems and various
equities markets including NASDAQ and NYSE Arca Equities. Their
demanding trading environment requires a robust and scalable solution
that can handle increasingly large trading volumes.

Aaron Scamehorn, Chief Technology Officer for Cognitive Capital
comments: “In CameronFIX we found a good market solution with solid
performance that has helped grow our business since 2009. After recently
putting Cameron's latest product Catalys to the test, we were so
impressed with its latency-shaving performance we decided to migrate.”

“Catalys is a natural evolution for financial firms that need the best
performance metrics, as well as anyone with a FIX ecosystem,” says
Anders Henriksson, CEO, CameronTec. “The multiple, complementary modules
of Catalys represent the outcome of the continuous work we do to improve
the standard in FIX infrastructure and to provide markets with cutting
edge innovation for which we are renowned.”

At the core of Catalys is the unique grasp of the FIX world that comes
from a concentration of the world's largest FIX deployments. With a host
of industry firsts, Catalys provides an unprecedented level of
flexibility and innovation firms need to sustainably differentiate in
today's markets.

Meet CameronTec at Upcoming FIX Protocol Events: CameronTec is next
exhibiting in North America at the FPL Americas Trading Conference in
New York on November 1st.

For further Information: please contact Annie Walsh, Chief Marketing
Officer, CameronTec, tel +44 (0)7748 633445.

About Orc Group
Orc Group is a leading provider of technology and services for the
global financial industry. Orc Group delivers trading and market access
solutions that are used by proprietary trading and market making firms,
investment banks, hedge funds and brokerage houses worldwide.

The Orc Group serves customers through three business units, each with
distinctive offerings:

  · Orc develops and provides the tools needed to run profitable trading
and brokerage businesses.
  · Neonet is a global agency broker that offers professional market
participants independent, high-speed execution services.
  · CameronTec is the financial industry's leading provider of FIX
infrastructure and connectivity solutions.

With market presence in all global financial centers, Orc Group provides
sales and support services from its offices across the EMEA, Americas
and Asia-Pacific regions.

Orc Group is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

For additional information visit www.orc-group.com

About CameronTec

CameronTec is the financial industry's leading provider of FIX
infrastructure and connectivity solutions. Its market innovation Catalys
takes FIX further and is the new industry reference for FIX ecosystems.

Catalys is based on the industry's most widely installed FIX engine,
CameronFIX. CameronFIX is universally regarded as the reference standard
for reliable, mature FIX engine applications. It is the outcome of 14+
years continuous investment in performance, scalability,
interoperability and robustness. CameronFIX is today used by boutique to
larger investment firms, brokerage houses, exchanges and regulators in
25 countries, on all five continents.

With truly dedicated customer service at the core of everything we do,
CameronTec has offices in London, New York, Chicago, Stockholm, Paris,
Hong Kong and Sydney. CameronTec is an Orc Group Company (SSE: ORC) and
Premier Member of the FIX Protocol organization.

About CameronTec Licensing

Standard license agreements follow CameronTec'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.

www.camerontec.com

 

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