New York, NY – November 13, 2012 – Openlink Financial LLC (Openlink), the global leader in Transaction Lifecycle Management (TLM) software, has received three plaudits from leading market research firm Chartis Research. Chartis has named Openlink a Category Leader in Energy Trading Risk Management (ETRM) and placed Openlink fourteenth on its 2012 RiskTech100 rankings.
Chartis gave Openlink the highest ranking for "Completeness of Offering," evaluating the firm on front-to-back completeness and embedded domain knowledge, along with breadth of asset coverage, physicals coverage, pricing models management, market, credit, and operational risk management with physical mapping, regulatory risk reporting, management reporting, risk aggregation, integration capabilities, pricing and curves, asset portfolio optimization, physical structure, and data management.
Peyman Mestchian, managing partner at Chartis Research, said, "As we noted in the report, some key trends across the sector are the increasing effect of physical attributes on risk models, more integrated risk management, and more computationally intensive credit risk. Openlink's technology gives market participants a real-time, aggregated view of their risk across their global enterprises, which supports mission critical decision making."
Dr. Mark Greene, Openlink CEO Designate, said, "We respect Chartis' rigorous process for fairly and accurately evaluating vendors in the risk space. Our goal is to continue to expand our offering for our clients' transaction lifecycles, as they evolve and their end-to-end processes broaden, encompassing more risk and volatility at each juncture. Openlink thanks Chartis for their designations, and we look forward to continuing to serve our sophisticated clients who drive our innovation."
The RiskTech100 report is available for free download at www.risktech-forum.com.
The RiskTech100® is recognized globally as the most comprehensive and prestigious study of the top technology companies active in the risk management market and is available from www.chartis-research.com. RiskTech100® is a Registered Trade Mark of Chartis Research Limited.
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