Uniondale, N.Y., March 24, 2006. OpenLink, a leading provider of energy and financial trading and risk management software solutions, announced today their placement in more than eight categories in Energy Risk magazineâs 2006 Software Rankings. Additionally, OpenLink won more rankings than any other vendor and ranked first place in numerous categories.
The surveyâs results are based on more than 1,000 voting forms that were sent to end users and trading houses worldwide. Respondents were asked to nominate, in order of preference, their top three software vendors along key criteria in a number of categories. There were more than ten positions in most categories. Energy Risk, an Incisive Media publication, has published only the top three for each in the March 2006 issue.
OpenLink came in first in the Risk Management categories of Market Risk and Operational Risk, as well as first in Software Support. OpenLink took second place in Modeling in the Risk Management categories, and, in the Trading category, the company ranked second in Trade Capture, Modeling, and Portfolio Management. An additional second-place ranking was won for Market knowledge in which software operates. OpenLink achieved a third-place ranking in the Risk Management category for Credit Risk.
Energy Risk's article states, âAs part of the software survey, respondents were asked to vote for their top three preferred software companies for various categories. OpenLink was voted as the top software vendor for operational risk software.â The article goes on to say, âFor market risk software, OpenLink was again voted the preferred vendor.â
âThis recognition is a testament to the dedication of our software engineers and business experts globally,â said Coleman Fung, OpenLinkâs founder and CEO. âIt is an acknowledgment, among a list of strong vendors, which proves our commitment to producing value-added software and services as well as our continued initiative to exceed client expectations.â