Orc, CameronTec Join Forces

The new group will continue to develop their existing product brands within a two-business division structure.

torben-munch-coo-simcorp
Torben Munch, former Orc CEO, will lead the newly merged Orc-CameronTec entity.

Both companies will continue to develop their existing product brands within a two-business division structure.

Torben Munch, former Orc CEO, will serve as CEO while Tony Falck, Anders Henriksson, former CameronTec CEO, and Troels Jensen all serve as executive vice presidents. Munch will handle the trading and trade execution division while Henriksson will handle the infrastructure division. 

"We are excited to be joining forces with CameronTec. Through its financial messaging infrastructure and services business the company has emerged as the global industry standard," Munch says. "The combination of Orc's next-generation solutions for trading and electronic execution together with CameronTec's market-leading connectivity and onboarding offering is highly compelling. We will now be able to address expanded customer requirements for technology infrastructure, offering regulation-proof solutions and real cost savings for clients across all geographical regions."

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here