Open Link Financial, Inc. (OpenLink), a leading provider of cross-asset trading, risk management and operations processing software solutions, announced today that it has been shortlisted in three categories in the annual Waters Rankings, including Best Anti-Money Laundering Compliance Solutions Provider, Best Credit Risk Solutions Provider and Best Risk Analytics Provider.
âThe nominations reflect the industryâs appreciation of our market leading risk and compliance capabilities,â said Phil Wang, SVP in Financial and Risk Solutions for OpenLink. âWe feel our unmatched flexibility and extensibility provide a competitive advantage to our clients â especially as the existing regulatory environment undergoes a fundamental transformation, where financial institutions will require more sophisticated compliance business processes and will have to quickly adapt to rapidly evolving requirements.â
Ken Knowles, EVP of Financial and Risk Solutions, further commented, âIt has always been our strategic imperative to translate ever-changing market challenges of the derivatives industry into viable business solutions. Historically, we have worked with a broad set of clients, regulatory agencies, clearing houses, clearing members and service providers to keep pace with the evolving landscape in areas such as analytics, compliance, and credit risk, and we are pleased our efforts have been recognized by Waters in these areas."
âFor nine years the global readership of Waters magazine has acknowledge the leading financial-technology vendors in the industry with its annual Waters Rankings,â said Rob Daly, Online and US Editor at Waters. âTo be short-listed in this yearâs Rankings shows that the candidates are among the prime competitors in their space.â