OpenLink lauded for 'Completeness of Offering'
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.
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech100 is a registered trademark of Chartis Research Ltd. The full report and other selected research can be obtained from www.risktech-forum.com.
Chartis Research is authorized and regulated by the Financial Services Authority (FSA) for providing investment advice - (www.chartis-research.com).