Trading specialist OpenLink has launched a cloud-based platform for trading, treasury and risk management.OpenLink said the system was developed with 50 of its largest and most sophisticated energy and financial services clients. Customers will have immediate access to  OpenLink’s dynamic scaling capabilities, providing advanced data management and richer analytics that enable greater market understanding, speed and evidence-based decision-making.
Scott Rompala, head of the Cloud Solutions Group at OpenLink, said: “The real untapped benefit our clients are sharing is how this new flexibility and efficiency will allow them to reimagine their business, take advantage of intraday volatility in the markets, and provide accurate and real-time views of their risk and exposures to management and the board on demand.”
John O’Malley, chief executive of OpenLink, said “We have made a significant investment in OpenLink Cloud in response to our clients’ feedback. They are looking to reduce costs, advance risk analytics and scale their operations to transform how they run their businesses. OpenLink Cloud enables us to deliver our market leading solutions faster and with attractive subscription pricing models.”