London and New York – April 15, 2015 – OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate and financial services industries, today announced its ranking as a category leader for Sell-Side Risk Management Technology in the latest report from Chartis.
The report, Sell-Side Risk Management Technology 2015, is a guide for buyers and reviews the competitive landscape for leading financial services vendors. As depicted in the quadrant, OpenLink has one of the 'greatest market potentials' in the global financial risk technology marketplace.
Risk management systems for sell-side institutions cover a range of capabilities across different categories of risk such as liquidity risk, market risk, credit risk and operational risk. Vendors are required to support a broad range of asset classes, as well as a variety of risk analytics including both pre-deal and post-trade analytics. Sell-side risk management involves front, middle and back office operations.
Ken Knowles, Executive Vice President, Product Management at OpenLink, said "Chartis' positioning of OpenLink in the latest report is a validation of OpenLink's focus on providing the leading risk management solution for financial institutions. The report findings accurately describe the challenges today’s market participants face when defining their future needs for an enterprise risk management system, including simplifying their technology architecture, scaling their operations efficiently, and consolidating real-time risk reporting and business intelligence across functional areas. OpenLink allows cross-silo risk management throughout the entire trade lifecycle with the latest technology for risk data management, in-memory analytics and aggregation, data visualization, and deployment options for software and services.”
Peyman Mestchian, Managing Partner at Chartis, said “Our research shows OpenLink to be a credible player and emerging leader in the Financial Trading and Risk Technology space, with a great opportunity to leverage their Findur solution and market expertise for firms that have complex requirements and need a system flexible enough to meet their needs. OpenLink’s ongoing investment in innovation, core technology and people was a key factor in their high ranking in this report.”
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.
RiskTech Quadrant® is a registered trademark of Chartis Research limited.
Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice (www.chartis-research.com).