Bangalore-based Omnesys Technologies has partnered with Progress Software to create a new trading platform, The Hindu Business Line reports. The partnership aims to put together Omnesys customer base of more than 200 financial institutions and exchanges across India, Omnesys NEST front office service and the algorithmic trading platform.

Progress Software provides products that enhance operational responsiveness of companies. Omnesys extends automated trading products and algorithms to the proprietary and arbitrage trading community.

Click here for the story from The Hindu Business Line.