ION Openlink Endur – An Update post version s25

I recently spoke with Phil Wang and David Gross who head up product management at ION for its Openlink product, about its Openlink product – Endur. ION’s Openlink Endur has a very large installed base globally and has been around for many years. It released version S25 in January. Market demand for the product is still strong, they told me, and sales continue to be good with consistent growth in new customers and revenues over the last five years. This growth has occurred across all primary markets – oil, bulk, power, gas etc., as well as carbon, and even into ags and precious metals. The last 12-24 months had seen a lot of interest from traditional fossil fuel sectors as well as clients that have the need to integrate renewable commodity business and see the benefit of managing the combined business in a single solution, they said. The Openlink product is a high-end solution that particularly suits tier one and upper tier two businesses that have complex requirements, trade multiple commodities and require strong risk management. “It’s very flexible and customizable,” they told me. “Very few clients use it out of the box without any customization.” This means that most… continue reading