HiQ signs framework agreement with OMX

HiQ signs framework agreement with OMX

HiQ has signed a framework agreement as one of 5 ”preferred suppliers” to OMX.
The agreement covers consultancy services in project management, systems
development and testing, and is a blanket framework agreement involving all HiQ
subsidiary companies. The agreement is valid for 2 years.

”Our working relationship with OMX goes back almost 10 years in various areas,
from requirements analysis and project management to larger assignments. Among
other things, we have administered a derivatives trading system for one of the
USA's major stock exchanges. The decision by OMX to enter into a new framework
agreement with us is naturally regarded by us as recognition of the fact that
our cooperation is working very well. I am looking forward to our continuing
good cooperation with OMX,” says Magnus Gudéhn, MD of HiQ Cats. 

The new framework agreement with OMX relates to services in the development and
testing of securities trading systems. 

”HiQ is a niche consultancy company with expertise in the development of
transaction-intensive systems, and today we are in a position to apply our
soundly-based knowledge to finding technical solutions for securities trading,”
continues Gudéhn. 

”The overall objective of this agreement is to assure the availability of
competent IT consultants. To guarantee this, we have decided to establish links
with a fairly small number of suppliers and to set up more long-term forms of
cooperation with them. We conducted an analysis and concluded that the companies
selected are those best equipped to support us in our future growth,” says Åke
Södermark, Head of Development at OMX.

For further information, please contact: 
Lars Stugemo, President and CEO, HiQ, tel: +46 (0)8-588 90 000 
Magnus Gudéhn, MD, HiQ Cats, tel: +46 (0)8-588 90 000
Annika Billberg, Head of Corporate Communications HiQ, tel: +46 (0)8-588 90 015,
0704-200 103 




HiQ is an IT and management consultancy that focuses on high-tech solutions in
the fields of communication, software development and simulation. The company is
a leader in these fields and the Nordic region is its domestic market. HiQ
employs more than 900 people at offices in the Nordic Region and Eastern Europe.
HiQ is listed on the Nordic Stock Exchange midcap list. For more information,
please visit www.hiq.se.

OMX is a leading expert in the exchange industry. The collective operation of
the OMX Nordic Exchange in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga and Vilnius extends to over 800 companies and includes First North, the
alternative marketplace. OMX provides technology to more than 60 exchanges,
clearing organisations and central securities depositories in more than 50
countries. OMX is a Nordic Large Cap company in the Financials sector on the OMX
Nordic Exchange. For more information, please visit www.omxgroup.com.