WEY Group and oraïse agree to strengthen their long-standing cooperation in the EMEA and APAC regions.

The intensified cooperation steps up the WEY Group’s support and international positioning of the FXT Companion solution from oraïse.  

BREMEN/ UNTERENGSTRINGEN – 14.09.2016 The WEY Group, headquartered in Unterengstringen (Switzerland) as of October 2016, a global technology company and world market leader for the technical provisioning of trading floors, and the oraïse Group, IT Business Partner for the financial markets with headquarters in Bremen (Germany), will expand their long-standing cooperation.

The backdrop for the cooperation is the FXT Companion solution from oraïse, which supports Thomson Reuters’ customers in the operation of and migration to the foreign exchange solution, FX Trading (FXT). The FXT Companion has already been successfully deployed at multiple customer sites in Germany. As a response to a growing number of international requests, oraïse sought a partner to focus on opportunities in the EMEA and APAC regions.

The WEY Group, well-positioned globally with extensive experience in the technical provisioning of trading floors was quickly identified as the ideal partner. WEY and oraïse have now created a unique full service offering from a single source. The package is available worldwide and particularly in the EMEA and APAC regions.

The first joint customers in Singapore and Hong Kong have already decided on the oraïse FXT Companion solution. To deploy the solution locally, the WEY Group with 13 international locations and service representation in over 40 countries, will provide customised consultation, design, planning, installation, training and maintenance services. Every client will receive a customised solution of the highest quality and full-service customer support.

Mario Okle, together with Armin Klingler, co-owners of the WEY Group say: “We are delighted about the new perspective for an extended service portfolio for our customers and the WEY Group brought about by our collaboration with oraïse. This partnership unites two companies both of which have decades of experience, significant know-how and the same commitment to guaranteeing quality and professionalism at the highest levels.

Manuel Räber, CEO of oraïse Switzerland AG adds: “This is the logical continuation of our existing successful partnership with the WEY Group. It opens up new markets and opportunities for us, and we are particularly proud that our long-standing cooperation with WEY, a partner with proven technical competence, will now bear new fruit.”

WEY Group – About us:
The WEY Group is a Swiss-based global technology company specializing in integrated solutions for financial and commodity trading floors as well as control centres. WEY is a one-stop supplier which develops and manufactures virtually all of its products and solutions in-house. The use of first-class components, high-quality Swiss workmanship and a strict final inspection guarantee first-class quality. From planning and deployment through to the support phase, WEY offers customer-oriented services and consultation from a single source. WEY Solutions are tailored to client’s specific needs and are based upon years of experience and profound industry know-how. For more information, see www.weytec.com

oraïse GmbH – About us:
oraïse is an independent IT Business Partner in the financial industry with approximately 100 employees and 10 locations in Europe, concentrating on service provision in the areas of financial information and stock exchange connectivity. Oraïse provides products, services and consulting for the integration and operation of market and transaction data. Customers include banks, stock exchanges, market data and financial service providers as well as the trading and treasury departments of large industrial and insurance companies. Oraïse is a successful owner-managed company for more than 20 years. Oraïse products and services generate added value for customers, reducing the costs of infrastructure and enhancing the efficiency of operations. For more information, see: www.oraise.com.

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