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Gosh, seeing someone actually posting in the public about their experience using Orc gives me very strange feeling. Some context here. Software design-wise, Or
by reisse 3y ago
Gosh, seeing someone actually posting in the public about their experience using Orc gives me very strange feeling.
Some context here. Software design-wise, Orc was stuck in 00s. Not scalable, hard to support, hard to add new features, etc. And the corporate structure did not allow for innovations.
Somewhere in the end of 00s group of engineers left Orc (the company) to rebuild the trading platform from the ground up, and formed a new company, called Tbricks. Tbricks was such a success that Orc (again, the company) spend a lot of cash to acquire it, put key people from Tbricks to the leading positions and sunset legacy (classic, as we called them) Orc products.
After the merger, the company was renamed to Itiviti. I came there ~a year after the merger and worked for five years as an SWE in the Tbricks team. The goal of the merger was to migrate all Orc customers to Tbricks in a year or two. Five years later I left the company, and there still were a few of major customers not migrated yet. Orc was supported by one or two persons full-time, and a few of greybeards who moved on to the new projects, but still had the knowledge. And I think it is still bringing few millions USD a year in license costs.