Openlink teams with FWD View to boost benefits of cloud adoption by global financial institutions
LONDON — Openlink, the global provider of trading, treasury and risk management solutions for energy, commodities and financial services organizations, today announced a partnership with business consultancy FWD View to help financial institutions adopt cloud-based solutions that underpin critical business functions driving the world’s capital markets.
Because today’s capital markets are highly globalized and interconnected, a ripple in one country can unleash massive waves elsewhere in the world. Banks and other financial institutions must navigate myriad regulatory and cost pressures, accelerate provisioning, and make important decisions based on enormous volumes of data in real-time. These new requirements are stretching the capabilities of most on-premises systems and open up possibilities to harness the cloud for competitive advantage.
Specifically, the relationship between Openlink and FWD View aims to realize the full benefits of cloud-based trading applications for FX and derivatives, as well as trade risk, analytics and reporting. Openlink’s Findur platform, available as a cloud offering since 2017, helps clients trade smarter, minimize risk, and streamline business processes.
From accessing powerful computing capability on demand to delivering new products and services, financial institutions are increasingly turning to cloud-based solutions to flexibly scale their businesses, quickly adapt to market shifts, and provide higher value to customers.
“Openlink is an industry leader and standout provider of choice to work with our team,” said Daniel Higgins, executive director at FWD View. “Together, we will advance a clear point of view about the business imperatives of cloud computing, with complementary cloud offerings and services such as Findur on Openlink Cloud, which leading financial institutions can rely on to drive important business outcomes.”
“The FWD View team has deep expertise in the implementation and management of trading applications and is an ideal collaborator to tap the potential of Openlink Cloud for financial institutions,” said Tasja Botha, sales director for Openlink in Europe, Middle East and Africa (EMEA). “With FWD view, we share a vision for the cloud as an essential element of operational excellence for our capital markets clients in the EMEA region and around the world.”