OpenLink, the global leader in Energy, Commodities and Treasury trading systems, announced today that for the third consecutive year it has been ranked by the readers of Risk magazine as the top technology vendor for Commodities Trading Systems, in the 2014 Risk Technology Rankings.
Risk magazine polled derivatives and risk management technology users to nominate the leading vendors, based on the functionality, usability, performance, return on investment and reliability provided by the nominees’ offerings.
OpenLink’s energy and commodities trading and risk management (C/ETRM) solutions provide front-to-back, real-time enterprise risk reporting, unified views of positions, risk exposure and profit and loss (P&L) reporting in a single, cost-effective, efficient system. OpenLink’s comprehensive, broad coverage of physical and financial assets also attributed to its top ranking.
“We are delighted to be recognized once again as the leader in commodity trading systems. Across global energy and commodity businesses, corporates with exposures to commodity prices and raw materials, financial institutions and emerging trading entities with commodity positions - we are dedicated to supporting them in their trading, operational, regulatory, forecasting, logistics, and optimization requirements.” said Ken Knowles, Executive Vice President, Product Management at OpenLink. “While our best-practice standards and packaged solutions leverage our unmatched market experience, OpenLink is also at the vanguard of technology innovation, providing business intelligence and data visualization for powerful management reporting and analytics.”