OpenLink Announces New Executive Vice President of Energy for the Americas, Doug Wendler

Hire illustrates continued investment in energy market expertise

Houston – August 13, 2012 – OpenLink Financial LLC (OpenLink), a leading provider of cross asset, trading, risk management and operations processing software solutions, announced today that Doug Wendler has joined their organization as Executive Vice President of Energy for the Americas. OpenLink’s Americas Energy group, based in Houston, Texas, includes the combined sales and services teams of OpenLink that support energy organizations in North and South America. Moving forward, Wendler will lead OpenLink’s American energy strategy and operations from the Houston office.

Wendler has been a leader in the energy software and services business with over 22 years of experience and success. OpenLink executives said Wendler is a great fit to lead the company’s energy business in the Americas. He has held multiple leadership roles, most recently as President of SunGard Global Services. Prior to that, Wendler co-founded Enform Technology and held key positions with the energy practices of Analytical Technologies (Anatec) and Ernst & Young. Wendler earned a BBA from Texas A&M.

OpenLink CEO, Kevin Hesselbirg, said, “Doug’s experience and leadership capabilities will be instrumental as we continue to grow our Americas energy offerings. I am confident that Doug will support our vision and goals and further our growth as the premier provider of software and services for the Americas energy markets. His deep expertise managing large scale, sophisticated clients and solving their complex challenges make him an excellent fit for our team. We welcome Doug and are excited about seeing his leadership positively impact this OpenLink vertical.”

Wendler said he is excited about his new role and the market opportunities for OpenLink. “I am looking forward to working with this market-leading team. OpenLink’s market solutions are positioned well for growth. Our talented group of industry professionals and our commitment to our customers will undoubtedly lead to more future success. We are committed to continuing our investment in our existing products, serving our customers’ needs, and providing a complete solution for the ever-changing requirements of the market.”

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