OpenLink

Savvy traders can expect significant financial returns when they employ a solid front-, middle-, and back-office software solution that will support the whole life cycle of Emission Allowances and optimize trading by controlling their risk and ensuring straight forward management of emissions compliance obligations says, Jean-Claude Riss, managing director of OpenLink's London operation.

Jean-Claude Riss, managing director of OpenLink International discusses how traders can help support the emission allowance and optimize trading by controlling risk and ensuring straightforward management of emissions compliance obligations by employing OpenLink's European Emissions Model (EEM).

Matthew Frye, managing director at OpenLink's Houston division discusses how gas price volatility has increased. Relying on antiquated scheduling systems is a recipe for disaster.

Growth in energy trading has led to a need for better standardization of contracts and integration of exchanges and trading hubs. But more needs to be done to simplify and streamline the trading process, says Wolfgang Ferse, managing director of OpenLink International, GmbH. ()

Matt Frye, managing director of OpenLink's Houston division discusses issues relating to orphaned or out-of-date gas scheduling systems and his concerns about the future roadmap some of today's existing vendors are providing. "To upgrade or not to upgrade," that is the question for many gas scheduling companies trapped with orphaned scheduling systems.

Coleman Fung, OpenLink's founder and CEO discusses: Following Enron's collapse, speculative traders beat a retreat from energy. Now speculative trading has returned and the indication is that money is there for the making.

Matt Frye, managing director at OpenLink's Houston division discusses the new reality of the energy market brought about by increasing demands on all participants in the market traders, asset owners or both are bringing dramatic changes in gas trading and scheduling activities.

Mike Siclari and Giuseppe Castellacci are both quantitative researchers at OpenLink. Both Mike and Giuseppe discuss managing risk associated with power generation and how it can directly impact profitability.

Matt Frye, managing director at OpenLink's Houston division discusses the power industry's deregulation and restructuring over recent years and how it has brought constant and dramatic change to its competitive, regulatory, and technological landscape. ()

Senior Vice President, Brian Shydlo of Customer and Product Support at OpenLink discusses quality as an important attribute to consider when evaluating trading, risk management, and transaction processing software.

John D'Aleo, managing director of OpenLink's New York division discusses the interesting phenomenon that has been propelling the energy markets in recent months: financial firms and private equity funds trading and investing heavily in energy.

Michael Siclari and Giuseppe Castellacci of OpenLink's Risk and Analytics Group extend their real option models for valuation of power generation valuation to capture all stochastic factors and not just fuel costs. ()

Changing your ETRM software? Matt Frye of OpenLink, shares best practices and pointers for navigating the maze of an energy trading and risk management (ETRM) system selection. Here is a step-by-step 'roadmap' with shortcuts and advice to make or break a project's chances of success.

As announced in Euromoney's August 2004 issue, OpenLink placed third in the overall cross-category and in the top three of six sub-categories in Euromoney magazine's financial technology users' survey. OpenLink was named first in the FX, FI, OTC, Equities, and Derivatives category; first in Cash Positioning; second in Limit Checking; and third in each of the Credit Risk, Transaction Management, and Securities Processing categories.

By the year 2000, Nationwide Building Society had outgrown its critical treasury front-, middle-, and back-office software systems. "We had been using a system that had been installed in the early 1990s which was very much past its 'sell-by' date," says Kevin Bernbaum, the Society's head of treasury control. "Its functions could no longer cope with the processing and reporting complexity that our business growth demanded".

Energy Risk editor James Ockenden talks with Coleman Fung, OpenLink's founder and CEO and Martin Chavez of Kiodex about the need for Sarbanes-Oxley certification which has boosted sales of internet service risk systems.

OpenLink's founder and CEO Coleman Fung talks to James Ockenden Energy Risk editor about the decisions that have promoted his company to one of the leading risk management solution providers.

If the market gives us the opportunity, OpenLink's end-to-end trading, risk management, and logistics solution will enable us to significantly expand our business with a nominal increase in resources, says Hugh H. Connett, president of Bridgeline Holdings, L.P. Connet and Matt Frye, OpenLink's Houston division managing director discuss the challenges faced to meet the system requirements of Bridgeline and the steps taken toward a seamless solution along with its numerous business benefits.

Gas trading technology vendors are finding that continued market volatility is attracting clients keen to manage their exposures. Paul Lyon, Energy Risk editor, Matthew Frye, OpenLink's Houston managing director, and John D'Aleo, OpenLink's New York managing director discuss how new entrants are forcing them to pick a model and stick with it.

From trade capture to risk management, settlement, logistics and even accounting, the need is now greater than ever for straight-through-processing (STP) software to properly control and manage risk. Matt Frye, OpenLink's Houston division managing director discusses the advantages of a single processing environment that allows stringent control over risk, regardless of its source.

What are the key challenges banks face in implementing an operational risk regime for Basel II guidelines? Dr. Jack King, managing director of Genoa (UK) Limited, and Jean-Claude Riss, managing director of OpenLink International, look at the toughest barriers and point out approaches that have proven useful in overcoming them.

Matthew Frye, managing director of OpenLink's Houston, Texas division discusses how mid-sized trading firms need better software systems as they begin to fill the energy market gap left by mega-traders.

An adaptable straight-through processing system is crucial if natural gas market participants are to stay profitable despite continuing price volatility, says OpenLink International's managing director Jean-Claude Riss.

Giuseppe Castellacci and Michael Siclari of OpenLink evaluate state-of-the-art methodologies for calculating the value-at-risk (VaR) of non-linear portfolios from the point of view of computational accuracy and efficiency. ()

Michael Siclari and Giuseppe Castellacci of OpenLink's Risk and Analytics Group collaborate with Professor Sheldon Ross and Wendy Liao of the University of California at Berkeley to develop efficient valuation models for energy options. ()

Believed to be the most crucial US legislation affecting corporate governance, financial disclosure, and public accounting since the laws passed after the 1929 stock market crash, the Sarbanes-Oxley Act has recently reached its one year benchmark of being signed into law. Matthew Frye, managing director of OpenLink's Houston division discusses the impact and effects of the Act as it relates to Energy companies.

Jean-Claude Riss, managing director of OpenLink International looks at how integrated risk management software can take the risk out of the trading lifecycle.

Due to internal control scandals, process failures, and the Sarbanes-Oxley Act, energy firms must keep an ever-closer eye on internal standards. OpenLink's Phil Wang and freelance author Jack King lay the basis for an operational framework.

EPRM editor, Kevin Foster discusses the substantially changed power trading sector that has evolved over the past 12 months and provides insight into the development and adaptation of some of today's leading trading and risk management software vendors to the recent market changes. Coleman Fung, OpenLink's founder and CEO, and Matt Frye, managing director of OpenLink's Houston division explain the strategies behind some of its recent product development and its aim to provide a full front- to back-office package including trade capture, position management, scheduling, and settlement.

In the current tough market environment where budget cuts and staff layoffs are the norm, OpenLink's CEO and founder, Coleman Fung explains why now is exactly the right time to introduce two new scheduling products into the North American natural gas and power markets.

Matt Frye, OpenLink's Houston division managing director explains the issues faced by today's merchant energy businesses and provides insight for a rebounding market environment in the future.

In a Prospex Research Ltd. article evaluating ETRM Software, Jean Claude Riss, managing director of OpenLink's London division, explains today's market realities and OpenLink's response with the launch of Endur Express.

Despite the well-publicized implosions of some large trading firms, the merchant energy business will continue to be a pivotal component of the deregulated market. OpenLink's Houston division managing director, Matthew Frye, discusses market evolution, the emergence of financial-based traders, and the future of energy trading.

Giuseppe Castellacci and Michael Siclari of OpenLink introduce a class of exotic options that simultaneously generalizes both Asian and basket options. They develop approximate analytic models for real-time pricing of complex instruments that average through time resets and different assets. ()

After the hype, excess, manipulation, scandal, collapse, restructuring and retrenchment, Matthew Frye, managing director of OpenLink's Houston division, discusses how it's back-to-basics for both the surviving and new players within the energy trading marketplace.

Presenting a conceptual framework for analyzing and evaluating transactions based on the degree of transparency of forward prices within a particular market or region, Ken Knowles, OpenLink's head of Risk and Analytics introduces the concepts of transparency horizon and transparency factor, a useful starting point for describing the level of uncertainty that exists in forward curve price quotations in illiquid portions of the forward curve.

Coleman Fung, OpenLink's CEO and founder comments on market challenges, outlines future strategies, and explains OpenLink's founding mission to develop a successful cross-market risk management engine.

With more than 300 employees and five offices supporting clients on four continents, founder and CEO Coleman Fung discusses the company's successes and challenges.

The metal industry is currently facing changes due to the evolution and liberalization of the gas and electricity markets. OpenLink CEO and founder, Coleman Fung, and other executives provide an outlook on the growing need for an enhanced focus on energy risk management.

No longer exclusively the responsibility of risk managers, the front-, middle- and back-offices are becoming inextricably linked in a chain of risk analysis and management. This article discusses the evolution and convergence of risk management across the trade lifecycle.

OpenLink's Founder and CEO, Coleman Fung discusses the company's initial stages, the rapid growth, and the strategies surrounding the development of its leading integrated technology trading, risk management, and operations software solution for the energy and financial markets of the future.

OpenLink discusses how its new technology solutions will enable clients to achieve their e-commerce goals.

In the post Y2K business environment, there was an explosion of frenetic activity and competitive positioning in the online energy trading market. However, founder and CEO, Coleman Fung explains how OpenLink stayed focused on what it does best: delivering core trading and risk management solutions to the industry, while developing the technology to support emerging e-commerce initiatives.

With the world's energy consumption on the rise, models show an international emissions trading system as an economically effective way of achieving set ecological goals. Jean-Claude Riss, managing director of London-based OpenLink International comments on the different views that the United States and European Union share on emissions trading.

Hold or acquire transport, storage or processing capacity? Buy or sell product? How much will be lost if I am wrong and how do I protect myself? These are the questions addressed by proper risk valuation and management that the experts ponder, estimate, and eventually place a bet on. Don Campbell of OpenLink's Houston-based operation evaluates the risks involved in assets vs. speculative trades.

Answering the questions that keep our industry's experts awake at night, Coleman Fung, CEO and founder of OpenLink, gives readers the inside scoop on the company's strengths, opportunities, and threats.

Given the fast pace of financial innovations and years of implementation experiences, it is time to revisit the vision of the integrated trading system that has existed for several years among many financial institutions. Coleman Fung, CEO and founder of OpenLink, explains why the definition of a truly integrated trading system keeps changing and addresses many of the challenges, obstacles, and outstanding issues that require a new generation of integrated systems.