OpenLink, the global leader in trading, treasury and risk management solutions for the financial services, corporate, energy, and commodities, industries has triumphed at the Financial Technologies Forum (FTF) News Technology Innovation Awards for the third consecutive year. The company took the category: Best Middle-to-Back-Office Integration Solution.

The news comes hot on the heels of the launch of OpenLink Cloud: the world’s first and most comprehensive enterprise Cloud platform for trading, treasury and risk management. It offers an integrated platform to support every aspect of the portfolio lifecycle, and reflects the trend among asset managers and other financial institutions to deploy a single, holistic option across their front-to-back operations. OpenLink clients are seeking the integration of middle-office and back-office functions to deliver infrastructure that is flexible and scalable for product, customer, regulatory change, and increasing product complexity. This means less data integration work for them from multiple systems across the portfolio, at a time when that focus is set on regulatory demands.

Rich Grossi, CTO at OpenLink said: “The needs of the market continue to evolve at a rapid pace, so our focus is on sustained investment and continually looking for ways to improve the platform. Our recent Cloud launch is testament to this, and we firmly believe that this will have a truly transformative effect on the market. The most important measure of success for us is the positive impact we’re having on our clients’ businesses, so we’re delighted to take the top spot in this readers’ choice award.”

The highly competitive FTF Awards are designed to celebrate and recognize the professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence during 2016.