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2016-02-02

Itiviti AB: Itiviti AB established to deliver powerful trading and connectivity offering built for the future

Press Release February 2, 2016

- Market leaders Orc Group and CameronTec Group unite and create
Itiviti, a new force in trading software and services for the global
capital markets.

Stockholm, SWEDEN, February 2, 2016 - The management of Itiviti AB
today introduced a newly named company and brand, marking the
completion of the previously announced unification of Orc Group, a
global market leader in electronic trading technology for listed
derivatives and CameronTec Group, the global standard in financial
messaging infrastructure and connectivity. Itiviti holds market
leading positions in several areas from the outset, and the
combination significantly expands the customer proposition for banks,
brokers and trading firms.

Itiviti will continue to build partnerships with its customers, using
the natural fit between Orc and CameronTec to launch a new and even
more powerful portfolio: fully modular, transparent and flexible
solutions for end-to-end trading, routing, connectivity and risk.

Headquartered in Stockholm, Sweden, Itiviti has truly global
capabilities, with 400 staff located in 13 offices worldwide,
covering all major financial centers. The company has a track record
of delivering innovative, world class trading and financial
infrastructure solutions to the capital markets across all
geographies and regulatory landscapes.

"We are delighted to present our new company," says Torben Munch, CEO,
Itiviti AB. "We are doing so with the confidence of two established,
successful brands, Orc and CameronTec with solid track records in our
industry. By combining our respective skill sets in technology,
products and services we can deliver a broad, yet advanced,
high-performance platform. We feel that Itiviti holds a new and
unrivaled position in terms of ability to meet specific customer
requirements, ease of integration, and adaptability to changes in
market structure and regulation."

Joining CEO Torben Munch (formerly Orc Group CEO) on Itiviti's
executive management team are Tony Falck, Executive Vice President,
Chief Financial Officer, Troels Philip Jensen, Executive Vice
President, Chief Operating Officer, Anders Henriksson, Executive Vice
President, Head of Business Unit Global Services & Chief Growth
Officer, Jonas Hansbo, Executive Vice President, Chief Strategy
Officer, and Klaus Andersen, Executive Vice President Global
Engineering. Per E. Larsson will serve as Itiviti's Chairman of the
Board. Larsson has been a member of the Boards of Orc Group and
CameronTec Group since 2012 and served as Chairman on both Boards at
the time of the combination.

Itiviti continues to develop, market, and support existing technology
platforms, products and brands, including Orc Tbricks and Catalys.
The combination also allows Itiviti to address a wider range of
customer requirements for trading technology and infrastructure, with
new products and services. Through state-of-the-art, integrated
solutions built for the future, Itiviti will enable real cost savings
for clients across all regions and markets.

All Itiviti solutions are backed by a highly skilled, global services
organization. Through combining client and industry insight with
technology expertise, Itiviti is uniquely positioned to provide
effective support to its customers. Itiviti's team of experts are
available for tasks such as daily technology support, system
configuration and integration, and tailored trading solutions and
strategies.

Itiviti's Managed Services offers a fully managed solution to replace
in-house trading infrastructure, reducing cost of ownership and
allowing customers to concentrate fully on core trading activities.
The high-performance, low latency Itiviti ecosystem includes market
connectivity, systems operations, monitoring, backup and failover
procedures.

About Itiviti
Itiviti is a world-leading technology provider for the capital markets
industry. Trading firms, banks, brokers and institutional clients
rely on Itiviti technology, solutions and expertise for streamlining
daily operations, while gaining sustainable competitive edge in
global markets.

With 13 offices and serving more than 400 customers worldwide, Itiviti
was formed by uniting Orc Group, a leader in trading and electronic
execution, and CameronTec Group, the global standard in financial
messaging infrastructure and connectivity. From its foundation in
2016, Itiviti has a staff of 400 and an estimated annual revenue of
SEK 700 million.

Itiviti is committed to continuous innovation to deliver trading
infrastructure built for today's dynamic markets, offering highly
adaptable platforms and solutions, enabling clients to stay ahead of
competitive and regulatory challenges.

Itiviti is owned by Nordic Capital Fund VII.

www.itiviti.com

For further information, please contact:
Torben Munch, CEO, Itiviti AB, Tel. +45 2223 4789
Christine Blinke, CMO, Itiviti AB, Tel. +46 739 01 02 01

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http://news.cision.com/itiviti-ab/r/itiviti-ab-established-to-deliver-po...
http://mb.cision.com/Main/13830/9906129/471685.pdf

Författare WKR

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