Itiviti

115 results about this entity

Period: 13 Sep 2004 - 16 Jun 2021

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Nasdaq OMX sells Orc Software stake

Nasdaq OMX sells Orc Software stake

Market operator Nasdaq OMX has divested its 25% stake in Swedish derivatives trading technology company Orc Software through an accelerated bookbuilding offering.

Orc to cut jobs as it looks for Skr40 million savings

Orc to cut jobs as it looks for Skr40 million savings

Swedish derivatives trading technology company Orc Software is to cut its workforce in an attempt to reduce annual expenses by around Skr40 million.

Tbricks gets EUR4m funding for European and US expansion

Tbricks gets EUR4m funding for European and US expansion

Swedish automated trading software outfit Tbricks has raised EUR4 million from investors led by London-based venture capital firm DN Capital, which will be used to expand into Europe and the US.

InCore selects Orc trading technology

InCore selects Orc trading technology

Switzerland's InCore Bank has licensed electronic trading technology from Swedish vendor Orc Software for its proprietary trading business.

Van der Moolen deploys Orc algo trading technology

Van der Moolen deploys Orc algo trading technology

Dutch market maker Van der Moolen (VDM) has implemented algorithmic trading technology from Sweden's Orc Software across its London operations.

Weaker earnings at Vasco and DST drag Finextra50 lower

Weaker earnings at Vasco and DST drag Finextra50 lower

Weaker than expected earnings for several US fintech stocks dragged the Finextra50 Financial Technology Index down one percent to 85.80 on Friday in a week that saw very few companies post significant gains. Orc and Advent were among those bucking the trend.

Orc hit by downgrade as Factset rises on positive Q2

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

Disaffected Orc staff resurface at Tbricks

Disaffected Orc staff resurface at Tbricks

Former employees of Swedish trading system vendor Orc Software, who left the vendor in acrimonious circumstances in late 2006, have resurfaced at the helm of a new auto-trading company called Tbricks.

Finextra50 dips to 95.74 despite rises for i-flex and Computershare

Finextra50 dips to 95.74 despite rises for i-flex and Computershare

Despite double-digit gains from i-flex and Computershare, the Finextra50 Financial Technology Index fell .48% last week. Weaker than expected earnings and guidance statements from Chordiant and SimCorp meant these firms led the fallers.

Senior business leaders to gather for Fintech M&A

Senior business leaders to gather for Fintech M&A

Jeff Singer, vice president of Nasdaq, is the latest addition to an impressive line-up of keynote speakers and panel participants at Fintech M&A, which will bring together some of the leading figures from the business of financial technology to discuss and debate consolidation and investment trends in the market.

Linedata, Broadridge and Orc lead Finextra50 down 1.3%

Linedata, Broadridge and Orc lead Finextra50 down 1.3%

The Finextra50 Financial Technology Index finished last week down at 94.11, as losers far outnumbered gainers.

Vasco Data Security leads Finextra50 higher

Vasco Data Security leads Finextra50 higher

The Finextra50 Financial Technology Index ended last week up 2.23% to 95.36, as European stocks recovered some of their losses from earlier this month, and some strong index performers from the US continued to rise.

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