Reports 2016 Vendor Perception Report | Page 31

2016 CTRM Vendor Perceptions Study About the Report Sponsors OpenLink The global leader in Transaction Lifecycle Management (TLM) software For two decades, OpenLink has provided leading-edge technology solutions to an increasingly diverse client base. Building on our pioneering development of cross-asset trading and risk management products for energy, commodity and financial services companies, we now offer a suite of solutions designed to meet the specific needs of clients within three broad categories: Financial Services A barrage of regulatory initiatives are transforming the landscape in commodities and derivatives trading. New OTC regulations have changed the way financial institutions clear and report trades, and manage collateral. At the same time, unprecedented pressure on operating spendings are driving a renewed focus on costs and efficiency. Banks, asset managers and other financial services institutions use OpenLink for trading, risk management and operations processing, enabling them to better address the demands of all stakeholders. Commodities Globalization of operations and a proliferation of contract types mean processors and manufacturers face increased complexity in managing inventory and forward commitment of commodities. There’s more risk of supplier default and price volatility continues For major energy and hydrocarbon consumers, rising fuel costs, continued volatility, and thinning margins mean companies face increased complexity in forecasting consumption, negotiating the best contracts and managing price risk. OpenLink products provide these companies with the operational insights necessary to address risks and optimize production. Energy OpenLink provides complete trade and risk management solutions for energy and power companies in all areas of the supply chain, helping our customers effectively manage natural gas, power, coal, crude & refined products and NGLS. Energy trading companies, utilities, generators, producers and processors around the globe rely on OpenLink solutions to help minimize risks and maximize profitability in an uncertain and increasingly complex energy market place. OpenLink provides these companies complete solutions for planning, procuring, processing, managing, moving and trading commodities and energy, right along the workflow from trade capture to accounting, risk, reporting and compliance. Maybe your need is highly-focused on trading or derivatives, or optimization of physical assets, or logistics. Perhaps you are seeking a Treasury Management System, or want to benefit from truly integrated firm-wide risk management. Or, your goal could be to move your organization toward total margin and value chain management. Whatever your particular objective, OpenLink