LONDON & NEW YORK--(BUSINESS WIRE)--OpenLink, the global leader in Energy, Commodities and Treasury trading systems, and Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software, today announced a partnership to bring data analytics to the Energy Trading and Risk Management (ETRM/CTRM) market.
Tableau, combined with OpenLink’s CubeIntelligence, centralizes and streamlines the collection of data from multiple locations, making it easier for users to analyze their data, create dashboards and reports. People have access to powerful data analytics software that delivers reporting and analytics real-time and on-the-go, directly to their mobile device or laptop. Users are able to examine multiple data sources together in a single view and streamline reporting, reducing manual labor and potential errors.
Gartner’s 2014 Magic Quadrant positions Tableau as a Leader for Business Intelligence and Analytics Platforms¹, and the Energy Risk Software Rankings 2014 votes OpenLink the Best Overall Energy Trading and Risk Management Platform.
David Priestley, Managing Director, Business Intelligence, OpenLink commented “We are delighted to partner with Tableau to offer Energy companies the tools to make data discovery and reporting easier and faster to manage their exposure, comply with regulatory requirements and maintain their competitive edge.”
“OpenLink shares our mission to help people see and understand their data,” said Dan Jewett, Vice President of Product Management at Tableau Software. “This partnership will help us to bring rapid-fire analytics to companies in the Energy industry, which faces some of the classic challenges in accessing and making sense of its data.”
Chris Mudry, Chief Risk Officer, Mercuria Energy said “CubeIntelligence is currently deployed in Credit Risk, Position Management, Commodity Flow and Treasury. The partnership with Tableau has added a new dimension allowing us to create some really sophisticated clear visualisations for our business leaders.”
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Tableau Software (NYSE: DATA) helps people see and understand data. Tableau helps anyone quickly analyze, visualize and share information. More than 23,000 customer accounts get rapid results with Tableau in the office and on-the-go. And tens of thousands of people use Tableau Public to share data in their blogs and websites. See how Tableau can help you by downloading the free trial at www.tableausoftware.com/trial.
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Founded in 1992, OpenLink (www.openlink.com) is the global leader in Transaction Lifecycle Management (TLM) software for the commodity, energy and financial services industries. OpenLink's products address portfolio management, trading, risk management, and operations processing for both financial and physical assets.
Owned by leading private equity investment firm Hellman & Friedman, OpenLink is a global software and services business that has grown both organically and through strategic acquisitions, to achieve revenues in excess of $300 million. The company serves over 500 clients, including 12 of the world's largest commodity and energy companies, 9 of the largest financial institutions, and 11 of the largest central banks. OpenLink has 1,200 employees in 12 global offices on five continents, with headquarters outside New York City and field offices in Houston, Manhattan, London, Berlin, Vienna, Toronto, São Paulo, Mexico City, Singapore, Dubai and Sydney.
OpenLink has received numerous industry awards and recognition, including citations as the industry leader by a number of analyst firms, and first-in-class ranking by Energy Risk magazine for Commodity/Energy Trading and Risk Management (C/ETRM) systems.