Orc Software expands European presence

Orc Software has opened a new office in Paris to support the expansion of the Orc Group's business in France, says Business Wire.

“Orc Software views France as an important market when it comes to local interest for Orc solutions to meet increasing trading technology requirements,” says Orc Software EMEA president Matteo Carcano.

Orc Trading enables trade from a single platform capable of running thousands of complex trading strategies simultaneously. Orc is used by financial firms worldwide for enhanced trading, pricing and risk management on electronically traded derivatives.

The process design capabilities of Nimbus Control 2007 have been combined with the risk management, control and reporting functionality of BCS Operational Control Architecture, states Finextra.

Nimbus Ensure is quick to implement and delivered through a Web platform. According to the Web site, it improves process management, increases operational efficiency and transparency, reduces risk and decreases the cost of compliance.

Michael Bush, head of product development at BCS, adds: "The parallels between BCS and Nimbus make this alliance a powerful and logical move. Firms can now take their existing investment in process mapping to the next level by measuring how processes perform in real-time against how they were designed”.

Nucleus Software Exports' FinnOne has gone live across all branches of the Bank of Makati in the Philippines, reports RFP Connect.

Bank of Makati expects that FinnOne will help the bank provide a comprehensive, flexible and secure automated application to its customers. The software will address the operational and MIS needs of departments across the bank.

The FinnOne package provides applications for the asset and liability sides of business as well as account management, core financial accounting, risk management, document management, and customer services.