OpenLink, a leading of cross asset trading, risk management and operations processing software has been ranked the No.1 provider of energy trading and risk management (ETRM) software applications by end-users and trading houses in the recently completed survey by Energy Risk Magazine.
In the 2008 Software Rankings by Energy Risk Magazine, OpenLink was ranked the number one vendor in 13 out of 20 categories, while also being named in the top 3 in every category. Additionally, the company is a repeat winner in 6 categories, including “Best Customer Service” and “Best Knowledge of the Market”.
The Energy Risk survey assesses software vendors based on the functionality, usability, performance, and reliability of applications by conducting an online poll of industry users of energy trading and risk management tools. For 2008, the survey expanded its focus to assess application attributes such as adaptability to new markets and products, increased physical functionality, advances in analytics, commodity coverage and real-time functionality and vendor attributes such as a deep understanding of energy market dynamics.
“We are delighted that the industry has continued to recognise Endur as the leading solution for the complex needs of the energy markets. We are especially honored that our users have extended their appreciation to the entire organisation by recognising our continued investment in product support, domain expertise, and implementation advice. The rankings validate our many years of investment and innovation in the industry and we are grateful to our loyal customers for their continued support and partnership as we continue to address the emerging needs of these markets and challenging economic times,” says Kevin Hesselbirg, CEO, OpenLink.