Austria-based Raiffeisen Centro Bank (RCB) has signed an agreement with Orc Software to provide the Orc System for warrant trading on Euwax, the European warrant and certificate market.
Nils Nilsson, CEO of Orc Software, describes the deal as an important step into the Austrian market and is the company's first client win in the country.
As a result, Orc Software has decided to open a sales and support office in Vienna, Austria. The office will open during the second quarter of 2002.