ION Investment Group is acquiring Openlink Financial, a trading systems and risk management software vendor, to expand ION’s footprint in energy and financial services. ION will purchase Openlink from private equity firm Hellman & Friedman, which owns the vendor. Openlink’s wares, including a cloud platform and analytics, serve the commodities, energy, corporate and financial services… Read More >>
FTF Awards Q&A: Tear Down the Walls & Silos
(Editor’s Note: A trend is underway to eliminate the walls and silos separating middle and back offices at securities firms because they inhibit the flow of information, says Jerald Seti, vice president, financial services product management at OpenLink Financial (OLF). FTF News recently checked in with Seti about OLF’s third consecutive win for Best Middle-to-Back-Office… Read More >>
FTF Announces 2017 Award Winners
Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>
FTF Awards Spotlights Ops Providers and Individuals
Financial Technologies Forum (FTF), owner of FTF News, has just announced the winners of the 2016 FTF News Technology Innovation Awards, noting that it had a record-breaking response with approximately 27,000 votes cast for 25 awards categories. Except for the Editor’s Choice award, the nominees and ultimate winners of the awards are selected by FTF… Read More >>
OpenLink VP Moves to Calypso
Calypso Technology has hired Mark Abrams, a former vice president at OpenLink Financial, as a sales executive for North American sales. Calypso officials decline to comment upon employment situations, but Abrams confirmed he’s been with the firm since June. During his six years at OpenLink Financial as vice president of sales, North America, Abrams led major… Read More >>
JPMorgan and OpenLink Fill CFO slots as Intel’s CEO Exits Early
JPMorgan Chase Moves Consumer CFO into Bigger Role JPMorgan Chase & Co. has expanded the reach of Marianne Lake, the current chief financial officer (CFO) of the bank’s Consumer & Community Banking business. Starting next year, Lake will become CFO for all of the bank and a member of the Operating Committee, officials says.Lake will… Read More >>
Gain Capital CIO Crosses Aisle to Scivantage as OpenLink Finds a CEO
Gain Capital CIO Moves to Scivantage Andrew Haines, who served as the chief information officer (CIO) at Gain Capital Group, has taken on the same role at Scivantage, a vendor of online brokerage, tax and portfolio reporting and wealth management applications; Haines is replacing Anthony Scrimenti, officials say. “I very much enjoyed my tenure… Read More >>
