Mark Sappol joins OpenLink with a wealth of senior management experience within the capital markets arena. Having spent five years at Misys plc, Sappol was responsible for the direction of customer support and consulting services. Sappolâs executive management experience also includes previous positions as the head of pre-sales at Smartstream Technologies Ltd., and managing director at entory (UK) Ltd., where he was responsible for providing business and IT solutions to the banking and brokerage marketplace. Mark Sappol is now the Global Director of Findur, OpenLinkâs cross-asset, front-, middle-, and back-office solution for capital markets.
Commenting on his appointment, Sappol mentioned, âOpenLink is so well known as the premium energy solution vendor â with its Endur suite â that I was in fact a little skeptical about the opportunity initially. But after I had a chance to review the product, I was shocked at Findurâs capabilities, from its comprehensive instrument coverage, including many leading-edge products like advanced credit derivatives, cross-market hybrid/structured products, insurance bonds, etc.; TraderDesktop, a new, adaptable trade capture facility; Active Position Manager, an interactive, near real-time position management tool; OpenComponent, a Java-based development tool for clients; Trade Processing Management (TPM), a new workflow/STP framework that is years ahead of the competition; to its Grid back-end that supports dynamic resource allocation and runs all client-developed OpenComponent Java applications and many others! Not to mention the technology investment the company is making, which is heads and shoulders above others. Well, the decision turned out to be very easy for me, and I look forward to unlocking this âbest-kept secretâ that is Findur.â
âOpenLink is focused and consistent. We focus primarily on our customersâ requirements and the fast-changing market developments. And we are very consistent in our investment/development approach. We have never lost focus on the capital markets business, despite our success in the commodities space, and we have leveraged this success to provide needed investment in our Findur solution team which has grown significantly over the years,â commented Kevin Hesselbirg, OpenLinkâs COO. He continued, âExpanding our leadership team with Markâs expertise and experience will further refine our focus on this important business line.â
âOpenLink has grown rapidly over the last few years and we have clearly established ourselves as the leading energy solution vendor and getting stronger, we would like to execute a similar strategy for our Findur franchise. Since our focus on and investment in capital markets have grown accordingly, we are very confident that Findur is well positioned for new market opportunities and the up-and-coming replacement cycle in capital markets,â said Coleman Fung, OpenLinkâs CEO. âAnd we are very excited to work with Mark on this strategic effort!â