Users validate the front-to-back Commodities Trading Solution as Market Leader
London – January 31, 2013 – OpenLink Financial LLC (OpenLink), the global leader in Transaction Lifecycle Management (TLM) software, announced today that it has achieved the top spot for front-to-back commodities trading systems in Risk Magazine’s 2012 Risk Technology Rankings.
Risk Magazine annually asks users of derivatives and risk management technology services to nominate the leading vendor based on functionality, usability, performance, return on investment and reliability. For the 2012 rankings, over 1,000 participants voted and selected OpenLink as the leading trading system in the commodities space.
“At OpenLink, we always strive to provide the most robust solutions to our clients. Being selected as the leader by Risk Magazine readers solidifies our spot in the commodities trading and risk management space,” said Dr. Mark Greene, CEO of OpenLink. “As we look ahead, we aim to expand clients’ transaction lifecycles, adding new capabilities and services to meet their evolving needs.”
OpenLink clients leverage the front to back office solution to cover the full lifecycle of their commodities and derivatives transactions. The integrated offering allows for trade capture, valuation, compliance and limits monitoring, position and risk reporting, collateral management, accounting, and cash management, eliminating much of the manual data integration and reconciliation work typically required in trading operations.
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The Risk Technology Rankings survey was conducted in October 2012.