September 26, 2014 02:30 ET

Orc Wins FOW Award for Asia for Best New Risk Management Product

SINGAPORE and HONG KONG, CHINA and SYDNEY, AUSTRALIA and TOKYO, JAPAN--(Marketwired - Sep 26, 2014) - Orc, a global leader in derivatives trading technology, today announced that its pre-trade risk system, Orc Flow Control, has been selected "Best New Product for Risk Management of the year" at the 2014 FOW Awards last night in Singapore. Using Orc Flow Control, firms can efficiently manage order flow and ensure regulatory compliance, allowing them to capture new customer business.

Since its launch in Asia in May 2013, Orc Flow Control has been successfully deployed in production by large broker clearing firms across all major APAC equity and derivatives markets including HKEx, JPX, ASX, SGX and NSE and local access points for EMEA and American based exchanges.

"We are honored to receive this award from FOW," said Greg Chambers, President APAC, Orc Group. "This recognition not only reflects the capabilities of Orc Flow Control, it also represents an endorsement of the investment we have made in expanding our Electronic Execution offering to meet the broad needs of the Asia Pacific's trading environments. We look forward to continuing to enhance our solutions and it's exciting to see our extended platform being used to future proof the needs of both our trading and brokerage customers."

William Mitting, Editor and Publisher of FOW, commented, "The judging panel has been impressed by the advanced functionality of Orc Flow Control and Orc's innovative approach in addressing the growing risk management needs in Asia. We congratulate Orc on their award."

Orc Flow Control provides comprehensive multi-market pre-trade risk controls designed to meet common regulatory frameworks. From a single user interface, brokers can set up limits and monitor trading activity in real time for all participants across all markets. The new version includes limits based on theoretical values, allowing firms to control order flow based on various market scenarios.

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About Orc
Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide.

Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities.

Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses.

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

Contact Information

  • Contact

    Greg Chambers
    President APAC
    Tel: +852-2167-1950
    Email: Email Contact

    Agnes Wong
    Senior Marketing Manager APAC
    Tel: +852-2167-1986
    Email: Email Contact