OpenLink Launches CubeIntelligence
New York - October 2, 2012 – OpenLink Financial LLC (OpenLink), a leading provider of cross-asset trading, risk management and operations software solutions, today launched the CubeIntelligence portfolio of business intelligence solutions. The launch comes on the heels of the company's recent acquisition of CubeLogic, now a wholly owned subsidiary of OpenLink.
Commenting on the new capabilities resulting from the acquisition Dr. Markus Seiser, EVP, Global Product Marketing, OpenLink, said, "Our new CubeIntelligence portfolio provides clients with innovative business intelligence solutions both across and beyond OpenLink's core platforms."
CubeLogic founder David Priestley commented, "The launch of CubeIntelligence reflects the growing interest in business intelligence. Our goal is to have a cube in all OpenLink clients within three years."
OpenLink’s CubeIntelligence offering will be exhibited in booth No. 3 at the 88th Annual IECA Conference to be held October 14 – 17, 2012, at the Marco Island Marriott Beach, Marco Island, Florida. Demonstrations include solutions and cubes for credit scoring, credit risk, collateral management, and treasury reporting.
Founded in 2009, CubeLogic provides advanced risk management solutions to the finance and commodities sectors. Their mission is to deliver business intelligence based risk solutions providing real-time risk management with unrivalled flexibility and performance. The combination of CubeLogic's groundbreaking technology, architecture, and innovative use of Business Intelligence tools has earned it Energy Risk magazine's "Highly Commended Technology House of the Year 2012." With Blue Chip clients including Mercuria, Centrica, EON, Gazprom and EDF Trading, CubeLogic has rapidly established its technological lead over the competition.
Founded in 1992, OpenLink (www.OpenLink.com) is the global leader in transaction lifecycle management solutions for the commodity, energy and financial services industries. OpenLink's products address portfolio management, trading, risk management, and operations processing for both financial and physical assets.
Owned by leading private equity investment firm Hellman & Friedman, OpenLink is a global software and services business that has grown both organically and through strategic acquisitions, to achieve revenues in excess of $300 million. The company serves over 500 clients, including 12 of the world's largest commodity and energy companies, 9 of the largest financial institutions, and 11 of the largest central banks. OpenLink has 1,300 employees in 12 global offices on five continents, with headquarters outside New York City and field offices in Houston, London, Berlin, Vienna, Toronto, Moscow, São Paulo, Singapore, Dubai, and Sydney.
OpenLink has received numerous industry awards and recognition, including citations as the industry leader by Gartner and first-in-class ranking by Energy Risk Magazine for Commodity/Energy Trading and Risk Management (C/ETRM) systems.