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OpenLink Offers Cloud Based Business Intelligence Solution For EMEA Region


Written by  Mandira | 14 February 2013
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openlink biIn order to provide collaborative, out-of-box business intelligence to the enterprises operation within EMEA region, OpenLink Financial LLC has come up with cloud-based business intelligence solutions. This new solution is the extension of the company's CubeIntelligence portfolio.

Business Intelligence (BI) technologies are helping enterprises to understand the data much faster, so that better decision can be taken at right time and right place.  Cloud-based BI solutions enable companies and business users to collect and analyze opportunities from a mix of structured and unstructured data. These solutions are specific class of computerized information system that supports business and organizational decision-making activities.

The organizations interested in using OpenLink’s CubeIntelligence applications can do it without direct installation of the application. The products reduce implementation time, lower maintenance costs and improve efficiency.

The cloud-based suite of OpenLink’s CubeIntelligence solutions has come up with features like historical trend analysis and OTC margining, credit risk simulations for CVA, PFE CVaR and VaR, internal scorecard, rating analysis  and aggregate positions and P&L across multiple trading systems.  The solutions also remain active and adaptable to the ever-changing regulatory environment in the EMEA region and globally.

The company also offers products catering to cross-asset trading and risk management, portfolio management and operations processing for both financial and physical assets.

Commenting on the new capabilities of cloud-based business intelligence solutions, David Priestley, founder of CubeLogic and Managing Director at OpenLink, said: “Bringing our market leading business intelligence applications to the cloud underlines our commitment to become the leading player in this rapidly evolving market. Business intelligence is the ideal tool to help organizations meet the increasing demands of regulators and shareholders and to derive value from underlying trading and accounting systems.”

[Image Credits: OpenLink]

Mandira

Mandira

Mandira is an experienced editor and editorial co-ordinator. She has worked for Vadamalia media in the past and has been since writing for Smallbiz Technology and other websites. She covers Collaboration, Technology and Small Business software space within www.toolsjournal.com.

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