18.06.2015 09:12:00

Orc Group Ab: Sberbank CIB[1] Selects Orc Trading and Market Making Solutions Supported by Orc Professional Services

Orc, the global market leader in electronic trading technology for listed derivatives, today announced a contract with Sberbank CIB – the corporate and investment banking business of Sberbank, which is Russia’s largest bank and one of the leading global financial institutions.

Orc will supply a new technology platform to support their operations in market making, OTC pricing and Delta One trading. The solution includes Orc’s trading solutions, the Orc Market Maker application, connectivity to multiple trading venues including MOEX, FORTS, the LSE and a global market data provider. Additionally, Orc Professional Services will provide help to optimize and customize their trading technology solutions to meet each specific business requirement. Orc’s expertise is thus available for driving change, executing technical projects and ensuring cost efficiency in business development.

"We are obviously very proud to earn the trust of Sberbank CIB’s award-winning Global Markets Department for their Equity Derivatives business,” said Lee Griggs, President EMEA, Orc. "We also recognize this contract is fully in line with – and a testament to – Orc’s strategic focus on delivering comprehensive trading and execution solutions, including customization and services, to top-tier clients in the EMEA region.”

About Sberbank CIB

The Corporate & Investment Banking Business (Sberbank CIB) was created as part of the integration of Sberbank of Russia and Troika Dialog. Sberbank CIB’s key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank of Russia’s Corporate & Investment Banking Business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.

About Orc

Orc is the global market leader in electronic trading technology for listed derivatives. Successful trading desks of premier institutions rely on Orc to stay ahead in increasingly dynamic and competitive markets. We deliver unrivalled next-generation solutions for advanced trading, market access and electronic execution to leading trading firms, market makers, banks and brokers worldwide. With 200 customers in more than 30 countries, access to over 150 trading venues and offices in each of the world’s key financial centers, Orc offers true global capabilities.

Orc is owned by Orc Group Holding AB which in turn is majority-owned by Nordic Capital Fund VII.

www.orc-group.com

1. On the basis of CJSC "Sberbank CIB"

2. Banking products and services provided by Sberbank of Russia

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