Intelligent CIO Europe Issue 03 | Page 36

EDITOR’S QUESTION HOW IS CLOUD TECHNOLOGY BECOMING MORE UTILISED BY ENTERPRISES IN THE WORKPLACE? ////////////////////////////////////////////////////////////////////////////////////////////////////////// M ore and more businesses are utilising cloud technology within their workplaces to allow them to offer scalability and flexibility as part of their services. The cloud is reliable and maintains a high level of security when it comes to the protection of files and data and it also allows for rapid deployment. Transition to the cloud can only serve as an advantage that provides businesses with a chance to innovate and evolve efficiently in the rapidly expanding world of Information Technology. An example of a company that provides cloud services for the workplace is Openlink. Openlink is a global leader in trading, treasury and risk management solutions for energy, commodities and financial services organisations and has announced a partnership with business consultancy FWD View. The partnership aims to help financial institutions adopt cloud-based solutions that underpin critical business functions driving the world’s capital markets. Because today’s capital markets are highly globalised and interconnected, a ripple in one country can 36 INTELLIGENTCIO unleash massive waves elsewhere in the world. Banks and other financial institutions must navigate myriad regulatory and cost pressures, accelerate provisioning and make important decisions based on enormous volumes of data in real-time. These new requirements are stretching the capabilities of most on-premises systems and are opening up possibilities to harness the cloud for competitive advantage. Specifically, the relationship between Openlink and FWD View aims to realise the full benefits of cloud-based trading applications for FX and derivatives, as well as trade risk, analytics and reporting. Openlink’s Findur platform, available as a cloud offering since 2017, helps clients trade smarter, minimise risk and streamline business processes. From accessing powerful computing capability on-demand, to delivering new products and services, financial institutions are increasingly turning to cloud-based solutions to flexibly scale their businesses, quickly adapt to market shifts and provide higher value to customers. “Openlink is an industry leader and standout provider of choice to work with our team,” said Daniel Higgins, Executive Director at FWD View. “Together, we will advance a clear point of view about the business imperatives of cloud computing, with complementary cloud offerings and services such as Findur on Openlink Cloud, which leading financial institutions can rely on to drive important business outcomes.” “The FWD View team has deep expertise in the implementation and management of trading applications and is an ideal collaborator to tap the potential of Openlink Cloud for financial institutions,” said Tasja Botha, Sales Director for Openlink in Europe, Middle East and Africa (EMEA). “With FWD View, we share a vision for the cloud as an essential element of operational excellence for our capital markets clients in the EMEA region and around the world.” www.intelligentcio.com