Risk technology firm earns top recognition in Chartis RiskTech Quadrant™
OpenLink Financial LLC (OpenLink) has emerged as a key Basel III solution leader that also uniquely supports Transaction Lifecycle Management (TLM), according to an independent review of vendors by Chartis in its recently published “Basel 3 Technology Solutions 2013” report.
OpenLink has been prominently placed as a category leader in the Chartis RiskTech Quadrant® for Basel III, a distinction which recognizes risk technology vendors that have the necessary depth and breadth of functionality, technology and content, combined with the organizational characteristics to capture significant market share by volume and value, according to the report.
OpenLink’s solution to help meet Basel III requirements provides analytics and reporting, on top of a golden copy of data from asset-liability management, trades and positions, to analyze credit and liquidity risk. Advanced risk analytics, stress-testing, counterparty risk-adjusted valuations, risk visualization dashboards and a comprehensive suite of risk reports are also available along with extensive collateral management capabilities, such as collateral optimization and margin horizon calculations.
Industry awareness of OpenLink’s prowess in the financial services realm has been growing as last year Chartis and advisory firm Woodbine Associates named OpenLink’s Enterprise Collateral Management solution as a category leader.
“When you take into consideration the Basel III distinction this year and the collateral management designation last year, OpenLink has a very strong story to tell financial services firms about the breadth of its TLM system,” says Dr. Mark Greene, CEO, OpenLink. “We also offer best-of-breed capabilities for many strategic functions that support financial transaction processing.”
Trading firms today must implement optimal collateral management practices stretching from the front to the back office.