News
OpenLink Scores High Marks in Euromoney's Technology Users' Survey
Company places third overall and is named to within the top three slots of six categories
MITCHEL FIELD, NY, August 31, 2004 /Business Wire/ — OpenLink, a leading provider of financial and energy trading and risk management software solutions, announced today that it placed third in the overall cross-category and in the top three of six sub-categories in Euromoney magazine's financial technology users' survey. The company 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.
The survey's results are based on the responses received through a solicitation of 300 heads of technology at banks worldwide, and from the clients of fifty financial software vendors. Using a detailed weighting of the answers to derive the final rankings, respondents were able to rate up to three software products, including those from multiple vendors, in applicable categories. Each software offering was rated on service, usability, return on investment, application programming interface, and overall impressions. The scores from these scales formed the basis for the overall score.
"Having those 'in the know' — market participants and our users — place us third in the overall cross-category listing and either first or towards the top of six sub-categories is an honor," said Coleman Fung, OpenLink's founder and CEO. "Their recognition is a testament to the dedication of our software engineers and business experts globally. It is an acknowledgment, among a list of strong vendors, that proves our commitment to producing value-added software and exceeding client expectations is more than marketing copy. They are our differentiation points."
This was the first year that Euromoney conducted this survey, and the results were released in their August, 2004 issue.
About OpenLink
Founded in 1992, OpenLink is a leading provider of trading, risk management, and operations software solutions. The company's Adaptive, Dynamic, and Integration-enabling (ADI) Framework-based solutions support the most rigorous business requirements of firms trading in energy, interest rate derivatives, fixed income securities, foreign exchange, money markets, metals, and soft commodities. OpenLink's global client base includes Banco de Mexico, Bank of America, Bank for International Settlements, Bank of Canada, Bank of Scotland Treasury PLC, Bridgeline Holdings, Deutsche Bank, Edison International, Enbridge, Mirant, Nexen, Shell, and Vattenfall Europe Trading. Headquartered in Long Island, New York, and with offices in London, Houston, New York City, Berlin, Sydney, São Paulo, and Tokyo, OpenLink employs more than 270 professionals worldwide.
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OpenLink
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