Business Wire

Openlink Announces Rich Grossi as CEO, John O’Malley Assumes Strategic Role as Executive Chairman of the Board

Del

Openlink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, has announced that Rich Grossi has been promoted to CEO. John O’Malley has transitioned to the role of Executive Chairman of the Board, where he will continue to support the strategic direction of Openlink Financial.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170917005008/en/

Rich Grossi (Photo: Business Wire)

Rich Grossi (Photo: Business Wire)

For the past two years, John O’Malley has been at the helm of the growing trading, treasury and risk management company. He has established a strong strategic foundation for growth and has brought in a stellar leadership team with a renewed focus on client-led development. Today’s leadership change has been engineered to enable John to continue to support the strategic growth of the business in partnership with a strong and dynamic CEO.

Rich Grossi takes on the CEO position with nearly 20 years of operational and technological experience at Openlink. As CTO, Rich oversaw the development of Openlink’s products and technology as well as management of the company’s IT and information security. He has also played an instrumental role in the development of Openlink Cloud and has been guiding its subsequent growth.

Previously, Rich spent nearly a decade directing Openlink’s global operations, where he helped enhance the company’s sales and management processes to foster explosive growth. Throughout his lengthy tenure, Rich has worked closely and collaboratively with Openlink’s sales, services, systems, finance and product teams to ensure a consistent and high-quality level of delivery across the enterprise.

John O’Malley commented: “I have been proud to lead Openlink through a period of extensive technological and operational evolution. My aim as CEO was to develop a dynamic executive team, product suite and operational strategy to ensure that clients can continue to rely on Openlink to help them navigate challenging markets, capitalize on unseen value and mitigate systemic risk. With our new Cloud platform and strong, experienced executives like Rich at the helm, I believe we are in the best position possible to serve clients and assert our leadership across all areas of risk management. Rich has played a central role in bringing this vision to life. There is no one better placed to take on the role and I anticipate that our collaborative efforts will grow even stronger in our new capacities.”

Rich Grossi commented: “In nearly two decades with Openlink, I’ve watched the firm continuously adapt to any and all industry change to maintain its mission of helping clients translate risk into opportunity. From leading global operations to shaping our technology strategy, I have been proud to help drive that growth in a variety of areas. As CEO, I plan on leveraging this intimate knowledge and collaboration with all of our business units to continue John’s vision and lead Openlink into its next phase of growth.”

Prior to joining Openlink, Rich was a VP of Development at KWI, where he was responsible for technical management of internal software applications.

In concert with this leadership change, today also marks the launch of Openlink’s new global brand, positioning and website. John added: “Our new brand better showcases Openlink as the dynamic, modern company that we have evolved to be, and is a testament to our continuing investments in service, innovation and growth. Our new representation conveys the value our clients have come to expect and value in our partnership together: a comprehensive platform that provides a single source of the truth, our expertise in risk, our role as a solution innovator for complex business.”

About Openlink

For more than 25 years, Openlink (www.Openlink.com) has been providing trading, treasury and risk management solutions for the world’s most sophisticated commodity, energy, corporate and financial services organizations.

Openlink’s innovative solutions help clients break down organizational silos and instantaneously connects trading, risk and treasury across multiple asset classes and throughout the front, middle and back office. The Openlink Cloud platform, coupled with our advanced analytics, enables clients to manage huge data volumes, take advantage of even the most fleeting of market opportunities, and mitigate risk.

Openlink has topped Chartis’ RiskTech100 Energy Trading Risk Category for the last six years and been named a Leader in Gartner’s Trading Platforms Magic Quadrant. Other accolades include the Treasury Management International awards, Energy Risk awards and Central Banking awards.

Openlink is proud to support more than 38,000 users and more than 600 clients, including 12 of the world's largest commodity/energy companies, 9 of the largest financial institutions, and 13 central banks.

Contact information

Media
Aspectus (for Openlink)
Ellie Bacon, +44 20 7242 8867
openlink@aspectuspr.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Planview Empowers Organizations to Realize Agile-at-Scale with Lean and Agile Delivery Solution18.2.2019 15:05:00Pressemelding

Today’s increasingly competitive and disrupted markets require teams and enterprises to adapt quickly and speed delivery of innovative products, solutions, and customer experiences. While agile ways of working have produced positive results on single teams, leveraging Agile across the organization creates a challenge – how to scale delivery across teams for larger initiatives and focus on business outcomes for driving change and results. The Planview® solution for Lean and Agile delivery solves this challenge by connecting agile delivery with strategic planning and lean portfolio management to achieve business objectives faster. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190218005030/en/ The Planview solution for Lean and Agile delivery connects strategic planning, lean portfolio management, and work delivery. (Graphic: Business Wire) “When Planview came together with LeanKit® in December 2017, we significantly expanded

The University of Luxembourg Launches a Unique Interdisciplinary Space Master in Line with the Government’s SpaceResources.lu Initiative18.2.2019 14:07:00Pressemelding

In fall 2019, the University of Luxembourg launches a two-year Interdisciplinary Space Master program. This Master study program, set up in collaboration with the Luxembourg Space Agency, aims to provide students with the engineering skills required in the burgeoning space industry, along with in depth knowledge to manage space-related business activities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190218005215/en/ Etienne Schneider, Deputy Prime Minister and Minister of the Economy ; Stéphane Pallage, Rector of the University of Luxembourg ; Claude Meisch, Minister for Higher Education and Research © University of Luxembourg (Photo: Business Wire) In 1985, a public-private partnership effort launched Société Européenne des Satellites, today known as global satellite operator SES. Over the last decades, further space-related services and businesses have developed alongside SES shaping a vibrant space economy. As a leader

Wipro Launches QuMiC to Accelerate Migration to Oracle Cloud18.2.2019 13:55:00Pressemelding

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of QuMiC (Quick Migration to Cloud), a comprehensive platform designed to transform the way organizations migrate to Oracle Cloud. Using QuMiC, Wipro and Oracle aim to simplify and accelerate the journey to Oracle Cloud for their customers. Wipro is a Platinum level member of Oracle PartnerNetwork (OPN). Wipro’s QuMiC is a unique platform that migrates all aspects required for a cloud implementation, i.e. process definitions, configurations, data, and code to Oracle Cloud for a wide variety of software environments. Irrespective of whether an organization’s original assets are in an on-premise platform such as Oracle E-Business Suite, a version management tool, or another cloud software-as-a-service (SaaS) environment, QuMiC can automate and thereby, seamlessly accelerate the migration process. The platform reduces the

Top Mobility Firms Combine to Form Sterling Lexicon18.2.2019 13:47:00Pressemelding

Two of the mobility industry’s most trusted leaders – Lexicon Relocation and Sterling Mobility – this week announced the launch of their new brand, Sterling Lexicon. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190218005205/en/ In mid-2018, Lexicon Relocation acquired Sterling Mobility, expanding their combined global footprint and service offerings in the mobility marketplace. After six months of integration, the companies have rolled out as one unified, global brand. The integration of the two companies enables Sterling Lexicon to deliver end-to-end services around the world. Focused on personalized, high-touch and quality solutions, Sterling Lexicon’s global employees expertly manage any relocation needs for private and corporate customers. “Individually, Lexicon and Sterling were highly regarded in the relocation industry, with a reputation for outstanding customer service. Together, we bring an unparalleled level of c

Milrem Robotics’ THeMIS UGV Strengthens Its Position as The Industry Standard18.2.2019 13:00:00Pressemelding

The unmanned warfare systems developer Milrem Robotics is the most represented company in its field at this year’s IDEX with the widest selection of different weaponized unmanned ground systems on display. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190218005105/en/ Together with industry partners MBDA, Electro Optic Systems, ST Engineering and Nexter, Milrem Robotics is exhibiting four different weaponized unmanned ground systems at the main defence event in the Middle East. All systems are integrated onto Milrem Robotics' THeMIS unmanned ground vehicle. (Photo: Business Wire) Together with industry partners MBDA, Electro Optic Systems, ST Engineering and Nexter, Milrem Robotics is exhibiting four different weaponized unmanned ground systems at the main defence event in the Middle East. All systems are integrated onto Milrem Robotics’ THeMIS unmanned ground vehicle. On display are two completely new weaponized UGVs – the

Saudi Arabia Ministry of Health and Masimo Announce Automation of National Neonatal CCHD Screening Process Using Masimo Technology18.2.2019 13:00:00Pressemelding

Recently at Arab Health 2019, the Saudi Arabia Ministry of Health (MOH) and Masimo (NASDAQ: MASI) jointly announced the implementation of an automation solution designed to streamline the process of critical congenital heart disease (CCHD) screening of newborns using Masimo SET®, the first automation of its kind worldwide. This latest phase in Saudi Arabia’s national CCHD screening program, which began in 2016 as part of the Vision 2030 plan addressing improvements in healthcare and other areas, automates the collection and storage of screening data, helping to make the process both more efficient and more accurate. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190218005021/en/ Masimo Rad-97™ with Eve™ (Photo: Business Wire) In 2016, Saudi Arabia implemented a mandatory CCHD screening program for all newborns using the Masimo Eve™ Newborn Screening Application on Radical-7® Pulse CO-Oximeters® with SET® Measure-through Moti