29West and Orc partner to deliver derivatives trading solutions
First Published Monday, 8 February 2010 from Automated Trader : Data News
Orc selects 29West for connectivity
Mark Mahowald, President and Founder, 29West: "29West is enthusiastic about the powerful solutions that this partnership will yield for Orc’s customers.”
29West, Inc.,and Orc Software have entered into a strategic partnership to deliver integrated solutions to support Orc’s trading tools for equities and derivatives. Orc Software’s offering includes solutions for advanced derivatives trading with broad market connectivity.
“High-performance, low-latency solutions is a key requirement of our customers, which makes this an area where we constantly seek to improve,” said Joakim Dahlstedt, CTO, Orc Software. “We selected 29West LBM following a series of successful benchmark tests, which showed us that it delivers on its performance promises. As more complex, varied setups are increasingly in demand, many of our customers will surely benefit from switching to the LBM messaging system, which we can add to our trading platform transparently to the end-user. In parallel, we will explore using 29West technology in more advanced offerings that are still under development.”
“29West is enthusiastic about the powerful solutions that this partnership will yield for Orc’s customers,” said 29West President and Founder Mark Mahowald. "Orc has a reputation for powerful trading solutions and we’re pleased to be working together on best-of-breed, integrated solutions for advanced traders across asset classes. This demonstrates the benefit of our unique Ultra Messaging® solution across the full spectrum of financial use cases.”
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