OpenLink, the global leader in Energy, Commodities and Treasury trading systems, has announced the expansion of its metals division to support growing demand for precious and base metals trading and risk management requirements from metals companies.
OpenLink has hired Sanket Kulkarni as a Senior Metals Consultant and Charly Shungu as a Metals Consultant, to perform requirement analysis, guide clients on best market practice, and implement the OpenLink metals solution. Both will be based in London and report to Premvir Jain, Head of Metals.
Kulkarni joined OpenLink from Triple Point Technology, where he served as a Senior Consultant and led implementations for commodity trading and risk management systems with diverse portfolios across various geographies. Before Triple Point, Kulkarni worked with R Systems, Yes Bank, and ABN AMRO. He holds a Bachelor of Computer Science from University of Pune, India.
Shungu joined OpenLink from JPMorgan’s precious and base metals division, where he covered trade support and risk management system migration. He previously worked with Barclays, and has extensive experience in both metals and commodities. He holds a degree in Information Management from Oxford Brookes University.
“With volatile metal prices, and macroeconomic factors playing more of a role in the markets than ever before, there is a real need for sophisticated, fit for purpose, modern trading and risk management systems,” said Premvir Jain. “OpenLink’s solution is ideally suited to meet the challenges and margin pressures of today’s markets, and we’re seeing this reflected in the growth of our client base. Sanket and Charly have decades of experience working in the industry and make excellent additions to the OpenLink metals team.”