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Openlink Reviews

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Reviews
SN

Stephanie N

December 16, 2020 Source: G2.com
"Evergreen Trading Platform with Up-to-Date Solutions"
What do you like best about Openlink?

I love the new Renewable energy trading on Openlink Endur - it allows transitional energy companies the features to trade renewables and still keep their positions in traditional energy transactions.

What do you dislike about Openlink?

Website can be a bit sticky - I clicked on Oil & Gas and the page never moved (from the home page). Otherwise, the site is beautiful! As a sidenote - In 2004-5, I was contracted by an agency, Global Communication Works, to write all the OLF.com web copy, collaborating with a NY-based web writer. I wrote the entire Energy section, and he took the Financial section.

What problems is Openlink solving and how is that benefiting you?

Personally, I don't use it - but I know a lot about it having written for them while Shell and Marathon were customers, and have personally talked with traders and originators who use the software solutions - at Southwestern Energy, Oxy as well as the other two companies mentioned - and they are all very satisfied with this trading platform.

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AU

Anonymous User

July 13, 2019 Source: G2.com
"Implementation of RightAngle for several clients"
What do you like best about Openlink?

This is an integrated application for capturing energy trading and risk management activity. The tool handles high complexity and provides the best user experience. It is highly customizable tool which can be tailored for clients. It provides predesigned API's for integration with different systems. It is best suited for a company involved in commodity trading, scheduling and operation, accounting and risk management.

What do you dislike about Openlink?

Tool does not support power trading and therefore cannot serve as an end to end solution for a coal trading companies. The tool is based in two different applications, one which is based in power builder supporting contract management and accounting and another is .Net version which supports trading, scheduling and risk management. This causes a lot of discomfort to the users.

Recommendations to others considering Openlink:

They arehihly specialized in the market.

What problems is Openlink solving and how is that benefiting you?

Implementation of clients business in the system for seamless capturing of business data for book keeping, reporting and position management.

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AU

Anonymous User

May 18, 2023 Source: G2.com
"Best software products for Energy Trading firms"
What do you like best about Openlink?

Openlink provides integrated solution with interface for scheduling, trade capture, valuation, compliance and limits monitoring, positional limits and risk reporting, collateral management.

What do you dislike about Openlink?

Pricing model looks expensive. alongwith upgrades and consultants with subject matter expertise.

What problems is Openlink solving and how is that benefiting you?

Openlink Endur eliminates manual data integration and reconciliation work required in trading operations.

Trading companies benefits from timely and accurate information for decision-making. It is single integrated solution for scheduling, trade capture, valuation, compliance and positional limits monitoring, position and risk reporting, collateral management.

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AU

Anonymous User

February 4, 2021 Source: G2.com
"I used Openlink in a couple of companies developing training for the organization,"
What do you like best about Openlink?

Openlink can be configured to handle all operations across the life of any deal.

What do you dislike about Openlink?

There is nothing that I dislike about openlink..

What problems is Openlink solving and how is that benefiting you?

Openlink benefits are that they take away that cost for people looking to contact an Openlink Member.

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AU

Anonymous User

January 20, 2021 Source: G2.com
"Openlink Endur ETRM System"
What do you like best about Openlink?

The possibilities for customization for every company.

What do you dislike about Openlink?

The old-looking user interface and skins.

What problems is Openlink solving and how is that benefiting you?

Different aspects of risk management and reporting. Decrease of the human errors through authomation.

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sp

srijani p

January 6, 2021 Source: G2.com
"Review of openlink Endur"
What do you like best about Openlink?

Openlink Endur a great ETRM tool.I worked on the tool as per my project assignment.For MO and FO, it is one of best in terms of commodity, energy trading.

What do you dislike about Openlink?

It is quite costly software. Specially high maintenance cost makes it less affordable for smaller organizations.

What problems is Openlink solving and how is that benefiting you?

Commodity trading related work and assignments. For this I really liked the application as it helped me to understand and work on FO-MO.

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AU

Anonymous User

December 13, 2020 Source: G2.com
"The perfect end to end trade management system"
What do you like best about Openlink?

The company do provide a good customer service. The solution given is always well informed and with utmost quality. And they really do respond within the time frame expected. In Case of clarifications, it is easy to approach them for a accurate solution.

What do you dislike about Openlink?

There was a time when the communication with the company was difficult due to resources lacking expertise in English in specific regions. I think this has been taken care later. I can't think of any dislikes I faced apart from this. And this is a story of almost 8 years back.

What problems is Openlink solving and how is that benefiting you?

I have worked on Openlink tool Endur. I would say this is the means by which I learned trading. It includes all the aspects of trades in a single system making an easier management of your trades. The integrated solutions it have provides you with almost real time variations in your PNL which makes your decisions quicker

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AS

Ankush S

December 4, 2020 Source: G2.com
"Working experience with Openlink Endur"
What do you like best about Openlink?

Openlink Endur - great product for commodities trading.I worked for more than 2+ years in FO, MO applications for Commodities project. one of the best application used by major commodity trading organizations globally.

What do you dislike about Openlink?

Application though good but quite slow. also some feature like finding add in for HP ALM was a cumbersome task while we tried to do some automation in few Endur application for our project. Overall mantenance charge/renewal charge is high. That's why even many organisations these days looking for customized and cheap solution instead of Endur.

What problems is Openlink solving and how is that benefiting you?

We used work for our commodies trading life cycle, MO related applications for trading activities taken up.

Being a robust, secure and reliable application,Endur was suitable for my project requirement.

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DM

Deniss M

January 8, 2021 Source: G2.com
"Great tool for risk management for anyone doing business consulting"
What do you like best about Openlink?

I work as a business consultant and have many clients with different cases. I mostly consult finance companies, IT and influencers. Every client has something different they want so one of the most valuable things is reporting tools.

What do you dislike about Openlink?

It is a bit hard to get into the tool to make most out of it. Having different clients across different segments means that it will most likely be different things each company wants to achieve, so making the learning process easier would be very helpful.

Recommendations to others considering Openlink:

As a consultant it is important to show all the gathered information as easy as possible. Finance is not an easy segment and one of those where you have a lot of data. As I always try to use only couple tools to make it easy to manage for businesses, Openlink helps a lot by providing a lot of solutions.

What problems is Openlink solving and how is that benefiting you?

I am using tool mostly for it's visualization tools. This being said, I mostly focus on risk management for businesses and to make this kind of information to be easy for any of board members to understand, because usually there are just few people related to finances, so it is important to show all the information as easy as possible to all people. I also try to use tools companies are already using so it is easier for them to keep doing things I show after I am done with consulting and Open link is popular tool across Finance segment,

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AU

Anonymous User

January 7, 2021 Source: G2.com
"OpenLink Endure Review"
What do you like best about Openlink?

Well designed platform, customisable for clients needs.

Premiere ETRM platfrom for commodities.

reporting and batch can be customised via C scripts.

What do you dislike about Openlink?

The company has changed ownership manytimes. the product is no longer maintained, and expertise on system is lacking. Vendor has monopoly on system, therefore companies would need to be aware of vendor risk.

Recommendations to others considering Openlink:

review the vendor risks with this vendor.

What problems is Openlink solving and how is that benefiting you?

The advantage of using OpenLink Endur is the platform can be highly automated. PNL, intra, and end of day risk, custom reporting, trade management.

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