Orc names Siag Consulting as service partner

Orc names Siag Consulting as service partner

Trading technology specialists Siag Consulting joins Orc Vantage program.

Stockholm, SWEDEN – Wednesday, March 7, 2012 – Orc Group AB (SSE: ORC), a
leading provider of technology and services for the global financial industry,
today announced a partnership with Siag Consulting International, a major
consulting and systems implementation specialist based in Madrid. Siag has
joined the Orc Vantage partner program as an independent service partner,
providing consultancy to Orc customers and supporting key markets for Orc’s
successful trading technology. In addition to its principal market Spain, Siag
has capabilities to also serve customers in Germany, Portugal, Latin America,
and the United States.

Over recent years, Siag Consulting has steadily expanded its international
presence as professional services consultants who support systems and
sophisticated applications for clients who include Tier 1 investment banks. From
its core expertise in risk management, Siag Consulting now offers a wide range
of services to clients, including systems integration and support services for
trading systems operations.

“We have come to know and appreciate Siag Consulting as a solid partner within
our existing Spanish customer sites who have required additional local
assistance. Due to the feedback received, we are happy to introduce Siag to our
existing customers who need additional Orc expertise, as well as to new
prospects who are looking to outsource implementation, integration projects or
services,” said Pasquale Ricci, Sales Manager Spain, Orc. “Siag has a fine track
record as risk management experts and has added key trading technology skills,
which makes them well suited for working with some of the most demanding Orc
users. A local professional service provided by experts is also vital to reduce
the time to market and manage the expansion of the application in new trading
areas.”

“We are delighted about this important partner agreement with Orc for our
markets and clients, and have noted the shift in Tier 1 clients towards
state-of-the-art trading technologies,” said Jose Antonio Oropesa, CEO, Siag
Consulting. “Cutting-edge front office systems provide significant competitive
advantage for our international clients and our role is to ensure that the
advanced technologies they select are properly implemented and supported locally
in the preferred format. We now look forward to working even more closely with
Orc to ensure clients’ satisfaction when using Orc’s advanced trading
solutions.”

About Siag Consulting
Siag, a Consultancy Firm specialized in Investment Banking and Technology, has
been in the field for more than a decade bringing the experience and know-how of
our functional and technical consultants to meet the expectations of our
customers, helping them in trading, treasury and Risk environments.

Our natural habitat covers investment banking, treasury - both sell-side and
buy-side - insurance and, of course, technology within the financial
environment. Our fields of expertise range from FO platforms to cutting edge
issues such as algorithmic trading. At Siag we also pay special attention to all
the regulatory changes as a result of Basel III accord, developing projects such
as CVA Calculation.

Siag insurance division offers thorough understanding of the insurance sector
and helps provide our clients with the most adequate tools for both risk
management and actuarial business consultancy.

www.siag-management.com

About Orc
Orc 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 worldwide.

Available as deployed software or as managed services, Orc develops and provides
the tools needed for running a profitable trading and brokerage business in
today’s competitive and ever-changing markets.

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 listed on Nasdaq OMX Stockholm (SSE: ORC).

www.orc-group.com

For further information, please contact:
Jose Antonio Oropesa, CEO, Siag Consulting, Tel. +34 91 576 1224
Christine Blinke, VP of Marketing and Investor Relations, Orc Group, Tel. + 46 8
506 477 21
Lee Griggs, President EMEA, Orc, Tel. +44 20 794 209 58