Orc Software (Orc), a technology provider for advanced derivatives trading and connectivity solutions, has announced that its customer Banca Aletti has utilised Orc technology to launch two new certificates for basket of stocks on the Italian Securitised Derivatives Exchange (SeDeX).
“Orc Trader's pricing and quoting functionality enables us to develop proprietary models,” says Alessandro Garufi, head, equity structured products, Banca Aletti. “We also make use of Orc’s covariance matrix functionality,” he adds.