Berenberg Bank Migrates to Catalys FIX Infrastructure


Berenberg Bank Migrates to Catalys FIX Infrastructure

For Immediate Release: London & Hamburg, Wednesday 16 November 2011 —
CameronTec, the financial industry's leading provider of FIX
infrastructure and connectivity solutions and wholly owned subsidiary of
Orc Group, today announced Hamburg-based customer Berenberg Bank is
migrating its CameronFIX engine to the Catalys FIX infrastructure
solution. Berenberg Bank is an established CameronFIX customer since
2005 and this latest agreement signed during Q1 2011 is based on
CameronTec's subscription licensing model.

Catalys will provide Berenberg Bank with a highly adaptive and totally
integrated FIX environment to address the complexities around managing
its decentralized FIX infrastructure.

Berenberg Bank is Germany's oldest private bank with a large and
long-standing private banking business in the competitive German market
and additional operations in Switzerland, Austria and the UK. Its
financial services include investment banking and asset management.

Carsten Paschilke, head of External Systems at Berenberg Bank says: “For
a number of years Berenberg has invested in CameronFIX to meet the
bank's FIX requirements and this has served us very well. Recognising
however the additional capabilities available with Catalys for managing
our business both in and outside Germany, we believe the migration will
provide us with further enhancements to effectively provide better
services. Greater speed and reliability will be a clear advantage when
connecting to our various counterparties and exchange destinations.”

"We are increasingly seeing compelling demand from mid-size and larger
financial firms to migrate to a Catalys-based FIX ecosystem,” says Max
Colas, Chief Product Officer for CameronTec. “This appetite demonstrates
the relevance of Catalys and the timing of delivery as firms position
themselves for future growth.”

“CameronTec is pleased to announce Berenberg Bank as our newest Catalys
customer. With their clients representing many premium investors we look
forward to delivering a solution that can readily handle the complexity
around concentrated and long-distance electronic infrastructure within
the European environment,” says Michel Balter, Sales Director for
CameronTec.

At the core of Catalys is the unique understanding of the FIX world that
comes from a concentration of the world's largest FIX deployments. With
a host of industry firsts, Catalys provides an unprecedented level of
flexibility and the innovation firms need to sustainably differentiate
in today's markets.

Meet CameronTec
CameronTec is next exhibiting at the FIX Protocol organisation's Nordic
Conference in Stockholm on November 22 and the FPL Briefing in Madrid on
November 29.

Media Contact:
Annie Walsh, Chief Marketing Officer, CameronTec +44 (0) 7748 633 445

About Orc Group
Orc Group is a leading provider of technology and services for the
global financial industry. Orc delivers trading and market access
solutions that are used by proprietary trading and market making firms,
investment banks, hedge funds and brokerage houses.

The Orc Group serves customers through three business units, each with
distinctive offerings:

  · Orc develops and provides the tools needed to run profitable trading
and brokerage businesses.
  · Neonet offers professional market participants flexible, independent
and transparent execution services based on advanced trading software
solutions.
  · CameronTec is the financial industry leader in FIX infrastructure
and connectivity solutions.

With market presence in all major global financial centers, Orc provides
sales and support services from its offices across the EMEA, Americas
and Asia-Pacific regions.

Orc Group is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

For additional information, visit www.orc-group.com

About CameronTec
CameronTec is the financial industry's leading provider of FIX
infrastructure and connectivity solutions. Its market innovation Catalys
takes FIX further and is the new industry reference for FIX ecosystems.

Catalys is based on the industry's most widely installed FIX engine,
CameronFIX. CameronFIX is universally regarded as the reference standard
for reliable, mature FIX engine applications. It is the outcome of 14
years continuous investment in performance, scalability,
interoperability and robustness. CameronFIX is today used by boutique to
larger investment firms, brokerage houses, exchanges and regulators in
25 countries, on all five continents.

With truly dedicated customer service at the core of everything we do,
CameronTec has offices in London, New York, Chicago, Stockholm, Paris,
Hong Kong and Sydney.

CameronTec is an Orc Group Company (SSE: ORC) and Premier Member of the
FIX Protocol organization.

www.camerontec.com

About CameronTec Licensing
Standard license agreements follow CameronTec's licensing subscription
model; a flexible approach designed to streamline the customer on
boarding process and provide ease of access to software updates,
together with a mature support framework. Customers are invoiced
quarterly, in advance, and revenue allocated to the invoicing period.

 

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