MACD & OARIS Press Release

April 2018

MACD & OARIS merge to MACD AG

Swiss software providers will now be operating under the unified name MACD

 

03.04.2018 - Following the merger of MACD and OARIS in 2017, the software providers for securities trading will merge to MACD AG. The unified company will operate under the name MACD.

At the product level, the trading systems XKYTE and GLOX are connected, so that customers have access to the entire portfolio of broker connections and services with just one network connection.

The company has relaunched the corporate design and published the new homepage www.macd.com, which gives an insight into the grown MACD world.

With the merger of MACD and OARIS, a company with 35 employees and more than 30 customers in Switzerland and abroad has been created. MACD is the leading provider of OMS and EMS systems in Switzerland and has a market presence in England, Germany, Luxembourg, Liechtenstein and Austria.

George Macdonald, CEO: "Both teams have been successfully implementing financial IT solutions for more than 20 years. This expertise, now bundled under the MACD name, will benefit all customers immediately."

Kurt Meister, COO: "Our goal is to use existing synergies to offer efficient and innovative solutions for the increasingly international and regulated markets. First jointly implemented customer projects show that it works."

About MACD

As one of the first application service providers in the financial sector, MACD has been successfully implementing IT projects for financial institutions for more than 20 years. The company specialises in electronic securities trading, has locations in England, Germany and Switzerland and employs 35 IT engineers, computer scientists and economists.

More than 35 banks and stock exchanges throughout Europe use the comprehensive range of services in the area of software development, hosting, IT consulting and support. MACD has been a member of the FIX Trading Community since 2004. George Macdonald, CEO MACD, has been active as a Director of FIX Trading Community since May 2017.