OpenLink establishes Berlin office

OpenLink, a US-based financial and energy trading risk management solution provider, plans to set up an office in Berlin, in order to consolidate its eastern European client base and better serve central European clients.

The new office marks the latest move in OpenLink's European expansion initiative, following successful implementations at key German institutions within the past year in both the energy and finance sectors.

Central European clients include Energieversorgung Weser and Bayerische Landesbank, as well as a number of others that Openlink refused to name.

"OpenLink has invested a great deal during the past twelve months in expanding our business in Europe," said OpenLink founder and chief executive Coleman Fung. "We remain determined to constitute our managed-growth approach to strengthening our leadership position within the global markets."