News
OpenLink Recognized as Notable Riser in Chartis Research's RiskTech100®
Jumps 12 Places in Global Risk Technology Solutions Ranking
New York – November 28, 2011 – OpenLink Financial, LLC (OpenLink), a leading provider of cross-asset trading, risk management and operations processing software solutions, which support the entire transaction lifecycle, has ranked 15th in Chartis Research’s RiskTech100®, recognized globally as a study of the top technology companies active in the risk management market.
Ken Knowles, Executive Vice President, Financial & Risk Solutions, OpenLink, said, “We are very pleased to have achieved this ranking and to be acknowledged by Chartis as a notable riser in 2011.”
OpenLink scored highly across each category, including risk functionality, core technology, organizational strength, customer satisfaction, market presence and innovation.
“Our philosophy is focused on developing and delivering market leading solutions built on robust and extensible technology, while providing excellent levels of customer satisfaction. We are constantly looking to add value for our customers, such as creating innovative solutions to consolidate the number of risk systems, optimize margin and capital requirements, comply with dynamic regulatory regimes, or provide timely risk management business intelligence to a wider audience,” continued Knowles.
Achieving a rank in the RiskTech100® indicates OpenLink is among the top 100 providers of risk technology solutions in the corporate and financial services segments and is among the best in a specific sector or risk class.
“The risk technology market has grown in both importance and value as the profile of risk management continues to rise across all industries, sectors and regions,” said Peyman Mestchian, Managing Partner, Chartis Research. “OpenLink has made a significant improvement in their ranking this year compared with 2010, up from 27th place to 15th.”
The rankings in the RiskTech100® report reflect analysts’ considered opinions, along with research into market trends, participants, expenditure patterns and best practices. The data collection for this study started in January 2011, and the analysis has been validated through several phases of independent verification. This study is the most comprehensive of its kind and is a core element of Chartis’ annual research cycle.
About OpenLink
Founded in 1992, OpenLink is a provider of cross-asset trading, risk management, related operations processing and portfolio management software solutions for the commodity, energy and financial services markets globally.
OpenLink's client base of more than 460 clients worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions and 11 of the largest central banks, as well as major hedge funds, commodities companies and public utilities.
Headquartered on Long Island, New York and with offices in New York City, Houston, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Moscow and Toronto, OpenLink has more than 1,000 employees worldwide. Please visit www.openlink.com
About the RiskTech100®
The RiskTech100® is recognized globally as the most comprehensive and prestigious study of the top technology companies active in the risk management market and is available from www.chartis-research.com. RiskTech100® is a Registered Trade Mark of Chartis Research Limited
About Chartis Research
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. Chartis is authorized and regulated by the Financial Services Authority (FSA) for providing investment advice - (www.chartis-research.com).
Media Contacts:
Cognito
Caitlin Mitchell
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OpenLink
Thom Lant
Phone: +44 207 382 1958
Thom.Lant@olf.com
