Stockholm - Orc has announced a service partnership with Newside, a consulting firm which serves international clients in the financial industry. The partnership will initially address the French market, with potential for extension into the UK and Hong Kong.

Newside will assist Orc clients with integration of Orc Trading solutions with their existing technology base and with development of supporting applications that complement Orc capabilities. As part of the agreement, Newside consultants will be trained through Orc Academy and will receive full certification.

"We very much look forward to working with Orc, which is an industry reference in trading technology solutions for market making, connectivity and derivatives trading in general," said Christophe Castellani, Managing Director, Newside. "We will realize great client benefits by combining our respective strengths to deliver more sophisticated solutions while reducing time to market."

"Our partnership with Newside is a welcome addition to the Orc system, with great potential to create value for our mutual clients," said Guillaume Poitevin, Sales Manager France, Orc. "Newside's skills and industry experience is a timely addition to our technology offering, as we encounter a changing mindset in the French financial industry which historically has favored in-house development. Many firms are now getting ready for industry-standard platforms with strong integration capabilities, and Orc, working together with Newside to deliver tailored solutions, is a perfect match to fulfill this vision."