22 July 2018
Visit www.avoka.com

OpenLink delivers upgrade for Bayerische Landesbank

24 May 2016  |  1924 views  |  0 Source: OpenLink

OpenLink, the global leader in trading and risk management solutions for the financial services, corporate, energy, and commodities industries, announced today that it has delivered a complete upgrade of Bayerische Landesbank’s multi-asset trading and risk management system in just four months.

Based on OpenLink’s latest implementation methodology, the update enables the German bank to respond to clients with increased speed and efficiency. An OpenLink client since 2001, the bank benefits from full transaction lifecycle support for trading, investing, hedging and funding of multiple asset classes, including interest rates, credit, currencies, equities and commodities.

Dr. Michael Lange of Bayerische Landesbank said: “Having the latest technology has never been more important to our business. OpenLink's strong methodology, consisting of pre-defined configurations and processes, provided us with a quick and painless way to update our platform.”

Claudio Capozzi, Managing Director for EMEA at OpenLink, added: “This upgrade continues to dispel the myth that major software projects have to be a complex, costly and drawn out process. Quicker time to value continues to be a key part of our service, and this upgrade is further validation. The speed of implementation reflects both the quality of the latest versions of our products and Bayerische Landesbank’s trust in OpenLink’s delivery practice.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13898 views comments | 7 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11500 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10270 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7659 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7537 views comments | 2 tweets | 7 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job