Openlink Ranked as a Category Leader in New Chartis Risktech Quadrant™ for ETRM

Press Release

Openlink Ranked as a Category Leader in New Chartis Risktech Quadrant™ for ETRM

New York, NY – October 22, 2013 – Openlink Financial LLC (Openlink), the global leader in Transaction Lifecycle Management (TLM) software, was ranked a category leader for Energy Trading Risk Management (ETRM) systems in the latest report from Chartis Research.

The report, “Energy Trading Risk Management Systems 2013,” is a guide for buyers and reviews the competitive landscape for leading ETRM vendors. As depicted in the quadrant, Openlink has both the “most complete” offering and the “greatest market potential” in the global energy trading risk technology marketplace. View the RiskTech Quadrant™ report on Openlink.

Chartis uses the RiskTech Quadrant™ methodology to review the completeness of the product and technology capabilities of vendors and their organizational capabilities.

According to the report, the most important functionalities for ETRMs are:

  • Enterprise risk management (notably credit risk management) for cross-commodity trading supported by state of the art Business Intelligence (BI) tools
  • Integrated front-to-back coverage for physical and financial trading activities with a large breadth of physical assets and operational contracts
  • Flexible architectures, integration capabilities and modeling allowing customers to easily adapt to changes in the marketplace
  • Compliance with current and future regulation

Peyman Mestchian, Managing Partner at Chartis Research, said “As noted in the report, Chartis compiles its “Market Potential” rankings by considering a vendor’s existing energy trading risk management client base, track record of delivering successful energy trading risk technology projects, growth strategy and brand, post-sales implementation and support capabilities, strategy for and investment in continued innovation in energy trading risk management solution and related products, potential volume of energy trading risk management wins, and potential value of energy trading risk management deals.”

Dr. Mark Greene, Openlink’s CEO said “Openlink has a proven record of providing a comprehensive solution that helps customers optimize their energy trading and mitigate risks. We are constantly refining and adding to our core offering in response to changing industry conditions. It is very gratifying that Chartis has been able to independently verify the value we bring to customers.”

About Chartis

Chartis is recognized internationally as the leading research and advisory firm focused exclusively on the risk technology market. For more information, visit Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice.

Got questions? We will connect you with one of our specialists.

Request a consultation

To learn more about how Openlink Solutions can work to improve ROI and streamline operations in your business, contact us for a free consultation or no obligation demo.

Your privacy is important to us. Openlink will not disclose your email address to any third parties. Please review our privacy policy for details.