Annual Energy Risk survey also ranks OpenLink number one in eight other categories
London and New York – March 9, 2015 – OpenLink, the global leader in Energy, Commodities and Treasury trading systems, has been voted “Best Overall ETRM Platform” by the industry for the tenth consecutive year in the 2015 Energy Risk Software Rankings. The award is based on OpenLink’s first-place ranking across eight categories, in a survey of more than 280 energy trading firms.
OpenLink’s trading and risk management products dominate the industry, supporting all energy-related commodities. Its solutions have also recently been demanded to support commodity-intensive corporates with a need to manage their exposure effectively in a volatile market. OpenLink was also ranked first for physical and financial integration, widest product coverage, portfolio management and straight through processing, as well as oil, gas, coal and power trading.
Dr. Mark Greene, CEO, OpenLink, said: “As the industry continues to evolve, it is critical our products stay ahead of our clients’ needs. Getting to the top is one thing, but to stay there for over a decade really validates our approach. OpenLink is the only vendor with the capacity to be a one-stop-shop for firms looking to improve their energy trading and risk management. Our solutions support firms across the whole energy value chain and our commitment to product development will ensure we will continue to do so.”
The annual rankings are based on responses from end-users at energy trading companies, oil/gas houses, utilities, energy producers and executives from other firms who rated their top software, data vendors and implementation specialists. OpenLink boasts 580+ clients worldwide, and its solutions are used by 37,000+ users internationally.