OpenLink Financial LLC (OpenLink), a leading provider of cross-asset trading, risk management and operations processing software solutions, announced today the launch of its Speculative Position Limits Monitoring functionality for compliance with U.S. Commodity Futures Trading Commission (CFTC) regulations resulting from the Dodd-Frank Wall Street Reform and Consumer Protection Act. OpenLink's CFTC Speculative Position Limits Monitoring is a key part of our suite of Dodd-Frank compliance solutions.
Key benefits of the OpenLink Speculative Limits Monitoring functionality include:
Phil Wang, OpenLink SVP of Product Management, said, "Our CFTC Speculative Limits Monitoring compliance solution leverages our industry leading market and technology expertise. We continue to deliver high-value compliance solutions that provide our clients with immediate benefits, requiring minimal IT investment, and a maintenance-friendly solution that can readily adapt to future changes."
The CFTC Speculative Position Limits framework existed pre-Dodd-Frank and is intended to protect futures markets from excessive speculation via the use of limits on aggregated positions. In response to the Dodd-Frank Act, OTC trades are now included in these aggregated positions. Limits will go into effect sixty days after the term "swap" is further defined under the Dodd-Frank Act.
Kevin Hesselbirg, CEO of OpenLink, said, "OpenLink is dedicated to addressing requirements the Dodd-Frank regulatory regime imposes on the financial, commodity and energy markets by developing technology solutions to assist market participants with compliance."
The Dodd-Frank Wall Street Reform and Consumer Protection Act makes significant changes to regulations governing the U.S. over-the-counter (OTC) derivatives market, with the goals of improving transparency, reducing systemic default risk and promoting market integrity. Learn more about the CFTC's Speculative Limits.
Founded in 1992, OpenLink provides decision support software solutions for transaction lifecycle management. This software encompasses financial and physical cross-asset trading, risk management, related operations processing and portfolio management for commodity, energy and financial services markets and industries globally.
OpenLink's client base of more than 540 clients worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions, and 11 of the largest central banks, as well as major hedge funds, commodities companies, and public utilities.
Headquartered on Long Island, New York and with offices in New York City, Houston, Dallas, Tulsa, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Moscow, Toronto, and Dubai, OpenLink has more than 1,300 employees worldwide.
To learn more about OpenLink's solutions visit http://www.OpenLink.com.
Read the full story at http://www.prweb.com/releases/2012/5/prweb9527969.htm
|10:42 AM||ROI.com.au Named Best SEO Company in Australia by topseos.com.au for May 2013|
|10:42 AM||Hubshout Named Second Best SEO Software by topseos.com for May 2013|
|10:37 AM||"Should My Business Use Front Flip? A Few Things You Should Know"|
|10:36 AM||SyCara Named Best SEO Software by topseos.com for May 2013|
|10:33 AM||Datadial Named Eighth Best SEO Company in the United Kingdom by topseos.co.uk for May 2013|
|10:33 AM||Gluten-Free Products Market to Reach $6,206.2 Million by 2018 at a CAGR of 10.2% - New Report by MarketsandMarkets|
|10:33 AM||Wiley Updates its Global Best-Seller, "Investment Banking" by Joshua Rosenbaum and Joshua Pearl|
|10:32 AM||Creative Safety Supply is Now Offering Sure Step - an Anti-Slip Floor Tape|
|10:31 AM||NFL Legends Mike Haynes, Roy Green, Dermontti Dawson And Marcus Allen Embark On A Mission To Boost Awareness Of Sleep Apnea With Pro Player Health Alliance Tomorrow|
|10:31 AM||Celebrate Memorial Day By Helping Advantage US Vets Put Veterans To Work|
|10:31 AM||Testosterone Therapy Medical Seminar; The Truth About Testosterone and Testosterone Therapy|
|10:27 AM||Adaptivity Pro Named Pay Per Click Management by topseos.com for May 2013|
|10:27 AM||Satcom Direct Partners with OnAir for GSM Services|
|10:26 AM||352 Media Group Named Fourth Best Web Development Company by bestwebdesignagencies.com for May 2013|
|10:22 AM||MGECOM Named Second Best Affiliate Marketing Company by topseos.com for May 2013|
|10:17 AM||Internet Search Engine Advertising Named Tenth Best PPC Management Company by topseos.com for May 2013|
|10:17 AM||Caring for the Future - Baby Appleseed Achieves Highly Coveted GREENGUARD Certification|
|10:16 AM||Proteomics Market - Mass Spectrometry & Biochips 2017 Forecast & Analysis in New Research Report at ReportsnReports.com|
|10:16 AM||Chicago Projection Mapping Announces "On Location" National Mapping Services|
|10:15 AM||Numero Uno Web Solutions, a Toronto-based SEO and SEM Company, Comments on a Recent Mobile Study and Announces its Top Strategies for Developing a Strong Mobile Platform|
|10:13 AM||Millennium Search Hires Brian Moates as Senior Executive Recruiter|
|10:13 AM||HomeThangs.com Introduces a Guide to Health Beneficial Bathroom Upgrades|
|10:13 AM||New GoBankingRates.com Report Compares Amazon 'Subscribe and Save' Prices with Costco to Find Out Which Option Yields Bigger Savings|
|10:12 AM||Central Jersey Home Remodeling Company Somerville Aluminum Builds Their Own Dream Home|
|10:11 AM||Business Success Paths Endorses Top Business Transformation Coach Eben Pagan's New Business Growth Training Programme, Accelerate|
|10:10 AM||Strukture Introduces Versatile Ukulele and Mandolin Stand SUMS-BK|
|10:09 AM||My Fit Foods Opens a New Retail Location in Las Colinas Thursday, May 23rd|
|10:08 AM||Adelphic Inc. Appoints Michael Collins as Chief Executive Officer|
|10:07 AM||CFOs Gain Mobile Window into Record-to-Report Process with Cadency(TM) Mobile|
|10:07 AM||SIGNiX and Computime Join Forces to Expand Delivery of Cloud-Based Digital Signatures|
|More Press Releases From PRWeb|