Adam Toms, CEO, OpenFin Europe

OpenFin has entered into a partnership with enterprise risk management provider Axioma in a bid to integrate the former with Axioma’s enterprise solution axiomaBlue layer. The partnership will see Axioma will deploy its portfolio risk management dashboard application on OpenFin.

Fabien Couderc, Chief Strategy Officer, Axioma, said: “This strategic partnership is the first step in what will be a transformative journey for Axioma as we aim to facilitate a straightforward user experience between our company and partners. Now with OpenFin’s ecosystem providing a wide range of potential partnerships for integration with axiomaBlue, we will be able to leverage OpenFin’s technology to provide interactions between our own software services and enable consistency across our entire portfolio management interface.”

According to the suppliers, the partnership is expected to create a combined technology stack comprised of back-end optimization, app deployment, and workflows.

Axioma’s dashboard application deployment is expected to benefit OpenFin’s clients through collaborative workflows, the ability to remove connectivity barriers with new partners and more.

Adam Toms, CEO, OpenFin Europe, said: “Axioma is leading the way with every piece of technology they build to help portfolio managers and risk analysts to reimagine their data and how they set up their workflows. And now, it will enable Axioma users to streamline workflows in a multi-window environment. In addition, the ecosystem of firms already deploying on OF can now explore new partnerships for integrations via axiomaBlue. The customizable user experience, along with the speed and seamlessness of app deployment through OpenFin, is something portfolio managers have never experienced before.”

OpenFin OS provides a standard for deployment and interoperability of desktop apps to power digital transformation across the financial services industry.

by Megha Bhattacharya
Market Analyst at IBS Intelligence