Omnesys Tech, Progress Software joins hands

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Omnesys Technologies has joined hands with Progress Software to deliver a trading platform that enables Indian traders to be more competitive.The partnership is said to leverage the Omnesys customer base comprising more than 200 of the top financial institutions and exchanges across India with the Omnesys NEST front office service and the algorithmic trading platform, Progress Apama.

Shrikant Pandit, MD, Omnesys said, "The strategic partnership will augment our offerings in the fast-growing market for advanced algorithmic trading software in India."

Dr John Bates, Chief Technology Officer, Progress Software and founder of Progress Apama said, "As interest in algorithmic and high frequency trading continues to grow, financial institutions across the globe are seeing the need to provide customised services for their clients. The key to success is to offer customised and localised algorithmic capabilities to their clients using the Apama product; while Omnesys provides its clients with one more that tool they need to remain competitive."


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