Orc Group Conquests French Market

Orc Software, a provider of technology for derivatives trading and connectivity, opens a new office in Paris to support Orc Group's business in France. Orc Software's new Paris office is headed by Michel Balter who joined the company in September

By None

Orc Software, a provider of technology for derivatives trading and connectivity, opens a new office in Paris to support Orc Group’s business in France.

Orc Software’s new Paris office is headed by Michel Balter who joined the company in September 2008, bringing more than a decade of qualified sales experience in the French financial industry.

In his previous position, he successfully contributed to new regional and global business sales and strategic client development, besides gaining significant professional experience of the financial trading services.

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

“The French financial market is highly sophisticated and traditionally dominated by local financial firms with in-house trading systems, which presents rich opportunities for Orc solutions.

“Our Paris office will help us meet present and future service requirements of local customers, and to address their challenges with solutions that build on our genuine understanding of this marketplace.”

“I look forward to growing Orcs business in France and I am confident we will win local business based on our ability to align and present as the best solution provider in the market,” says Michel Balter, sales director, Orc France.

“Orc’s core strengths in advanced derivatives trading and market connectivity, combined with our customer-orientated service organization and company culture, represent a business very close to the French “build” culture.”

L.D.

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