Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > TRADING, TREASURY AND RISK MANAGEMENT INDUSTRIES VOTE FOR CLOUD AT OPENLINK GLOBAL SUMMIT
    Top Stories

    TRADING, TREASURY AND RISK MANAGEMENT INDUSTRIES VOTE FOR CLOUD AT OPENLINK GLOBAL SUMMIT

    TRADING, TREASURY AND RISK MANAGEMENT INDUSTRIES VOTE FOR CLOUD AT OPENLINK GLOBAL SUMMIT

    Published by Gbaf News

    Posted on November 11, 2016

    Featured image for article about Top Stories

    OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, held its 2016 Global Summit in New York last week. Central to the event was OpenLink unveiling its plans for the Cloud, which received a very positive response and excitement from its global user base. The findings suggest the approach of widespread Cloud adoption by traditionally on-premises enterprise environments.

    The OpenLink Global Summit brings together trading, treasury, risk and IT executives to hear about the latest technology and product developments, as well as to meet, network and exchange ideas with peers, development teams, OpenLink senior management and partners.

    This year’s event was extremely successful, with 408 attendees representing 84 client companies and 11 OpenLink partners. The Summit was held at the prestigious New York Marriott Marquis, located in the heart of Times Square. Featuring 14 customer best practice presentations, key topics included:

    • Trends in treasury cash management
    • Market outlook on the energy and commodities landscape
    • Leveraging data through analytics
    • Transaction management for operators of pipelines, fractionators and storage facilities
    • Modernization of the trading environment
    • Meeting the challenges of financial services regulatory reform
    • Keeping up with the demands of the global Treasurer
    • Optimizing collateral management
    • Consolidated risk and hedge accounting

    The highlight of the Summit was OpenLink CEO John O’Malley announcing plans to launch OpenLink in the Cloud. Over the past year, OpenLink has created a Cloud Solutions Group, headed up by Bloomberg’s former Global Head of New Business, Scott Rompala, and conducted 50 in-depth client interviews into demand and market readiness for Cloud services.

    John O’Malley said: “It is at the core of OpenLink’s mission to continue to find strategic and technological solutions to help optimize our clients’ businesses. Every client we have spoken to over the past year has articulated a major initiative to move at least some portion of their trading environments to the Cloud, and virtually every new business discussion includes a Cloud element. We are working in close collaboration with our clients and will be launching early next year. Clients will be able to do things they never thought possible and derive an even greater competitive advantage from using our solutions. It’s a very exciting time in the development of OpenLink.”

    “With the backdrop of ever-increasing adoption of Cloud solutions in the wholesale energy and commodities markets, OpenLink has unveiled a well-planned and holistic strategy that offers a clear, near-term path to the Cloud for their existing clients and prospects,” said Patrick Reames, Managing Partner of Commodity Technology Advisory, LLC. “Further, they’ve been able to combine Cloud technologies with their strengths in risk management and analytics to create a unique product offering for the space.”

    The keynote speaker was Charles Duhigg, Pulitzer Prize-winning reporter and author of the New York Times bestseller “The Power of Habit” and new book “Smarter Faster Better.” Duhigg spoke on the science of productivity and the power of focus and innovation, driving some big conceptual ideas into eye-opening insights that can be reflected and utilized in our daily routines.

    OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, held its 2016 Global Summit in New York last week. Central to the event was OpenLink unveiling its plans for the Cloud, which received a very positive response and excitement from its global user base. The findings suggest the approach of widespread Cloud adoption by traditionally on-premises enterprise environments.

    The OpenLink Global Summit brings together trading, treasury, risk and IT executives to hear about the latest technology and product developments, as well as to meet, network and exchange ideas with peers, development teams, OpenLink senior management and partners.

    This year’s event was extremely successful, with 408 attendees representing 84 client companies and 11 OpenLink partners. The Summit was held at the prestigious New York Marriott Marquis, located in the heart of Times Square. Featuring 14 customer best practice presentations, key topics included:

    • Trends in treasury cash management
    • Market outlook on the energy and commodities landscape
    • Leveraging data through analytics
    • Transaction management for operators of pipelines, fractionators and storage facilities
    • Modernization of the trading environment
    • Meeting the challenges of financial services regulatory reform
    • Keeping up with the demands of the global Treasurer
    • Optimizing collateral management
    • Consolidated risk and hedge accounting

    The highlight of the Summit was OpenLink CEO John O’Malley announcing plans to launch OpenLink in the Cloud. Over the past year, OpenLink has created a Cloud Solutions Group, headed up by Bloomberg’s former Global Head of New Business, Scott Rompala, and conducted 50 in-depth client interviews into demand and market readiness for Cloud services.

    John O’Malley said: “It is at the core of OpenLink’s mission to continue to find strategic and technological solutions to help optimize our clients’ businesses. Every client we have spoken to over the past year has articulated a major initiative to move at least some portion of their trading environments to the Cloud, and virtually every new business discussion includes a Cloud element. We are working in close collaboration with our clients and will be launching early next year. Clients will be able to do things they never thought possible and derive an even greater competitive advantage from using our solutions. It’s a very exciting time in the development of OpenLink.”

    “With the backdrop of ever-increasing adoption of Cloud solutions in the wholesale energy and commodities markets, OpenLink has unveiled a well-planned and holistic strategy that offers a clear, near-term path to the Cloud for their existing clients and prospects,” said Patrick Reames, Managing Partner of Commodity Technology Advisory, LLC. “Further, they’ve been able to combine Cloud technologies with their strengths in risk management and analytics to create a unique product offering for the space.”

    The keynote speaker was Charles Duhigg, Pulitzer Prize-winning reporter and author of the New York Times bestseller “The Power of Habit” and new book “Smarter Faster Better.” Duhigg spoke on the science of productivity and the power of focus and innovation, driving some big conceptual ideas into eye-opening insights that can be reflected and utilized in our daily routines.

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Top Stories PostCITY FINANCIAL APPOINTS LOU THORNE AS GLOBAL CHIEF OPERATING OFFICER
    Next Top Stories PostNEW CHAIRMAN FOR TRUFFLE CAPITAL

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts