OpenLink Gearing for New Version of Findur

Long Island, NY-based Software developer OpenLink is preparing to launch Version 11 of its Findur solution on Nov. 30, officials tell BST. The upgrades will include new reporting functionality, development for operational risk dashboards, a new GUI for the collateral management module, and enhancements to its credit-evaluation adjustment tool.

"We look for there to be a lot of transparency in the product and the ability to get the information, and then to provide users with the right information, aggregated in the right way, so that they can get the information that they need," says Mark Abrams, financial sales manager for financial and risk solutions at OpenLink.

OpenLink's Findur offering provides financial services firms with an integrated financial trading, risk management and back-office platform. Most important to this upgrade is its reporting capabilities.

"The reporting tool will allow end users to have ultimate flexibility to generate reports on the fly," says Paul Baram, director of client services for financial and risk solutions.

Baram also believes that these upgrades will help firms to quickly adjust to changes in regulations as a result of the Dodd-Frank Act.

"We've added several different things that speak to all different components of Dodd-Frank," he says.