The Energy Risk survey assesses software vendors based on the functionality, usability, performance, and reliability of solutions by conducting an online poll of industry users of energy trading and risk management tools. For 2008, the survey expanded its focus to assess solution attributes such as adaptability to new markets and products, increased physical functionality, advances in analytics, commodity coverage and real-time functionality and vendor attributes such as a deep understanding of energy market dynamics.
OpenLink was ranked as the top Risk Management Vendor in 'Market Risk', 'Operational Risk' and 'Modeling', and, in the 'Trading' category, the company ranked first place in 'Trade Execution', 'Portfolio Management', 'Risk Metrics', 'Modeling' and 'Trade Capture'. In the 'Front to Back Processes' category, OpenLink took first-place in 'Integrated Trading and Risk Management' and 'Physical and Financial Integration'. OpenLink was ranked number one by the surveyed respondents when asked to rank the 'Best Advisor / Implementation Specialist.'
Kevin Hesselbirg, CEO commented "We are delighted that the industry has continued to recognize Endur as the leading solution for the complex needs of the energy markets. We are especially honored that our users have extended their appreciation to the entire organization by recognizing our continued investment in product support, domain expertise, and implementation advice. The rankings validate our many years of investment and innovation in the industry and we are grateful to our loyal customers for their continued support and partnership as we continue to address the emerging needs of these markets and challenging economic times."