OpenFin

wealthtech-retailcapital market tech

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 19/01/2021

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About

Move Fast. Break Nothing. OpenFin is the financial industrys operating system, enabling rapid and secure deployment, native experience and desktop interoperability. Used by the largest industry players through to the newest of FinTech innovators, OpenFin deploys more than 1,000 desktop applications tomore than 1500 buy-side and sell-side firms. OpenFin investors include Bain Capital Ventures, DRW Venture Capital, NEX Euclid Opportunities, J.P. Morgan, NYCA Partners, and Pivot Investment Partners among others. The company has offices in New York and London.

MEDICI Analysis

OpenFin provides runtime technology solutions for financial desktops. It is an open source software that meets the security and performance needs of real time financial appplications.

Focus

PRODUCTS & SERVICES

OpenFin is a HTML5 engine that enables desktop deployment of financial applications.

REVENUE MODEL

The company earns revenue based on annual license subscription fee. Subscribers pay an annual site license and a per-desktop fee based on the number of their applications’ end users. Annual Fee: Basic- Standard = $36,000, Startup1= $12,000 Platinum- Division2 = $60,000, Enterprise = $120,000

MAIN CLIENTS

Major clients from banks & trading firms.

EXISTING PARTNERSHIPS

Partnered with Gaint Machines to deliver application for capital markets. Capilin

Scott Logic

REDI Global Technologies

GreenKey

Trading Technologies International Inc. - To provide native desktop application functionality to the partners financial services firms clients.

COMMENT

Provide security and performance needs to run high-performance, multi-window HTML5 applications on financial desktops.

Traction

VALUATION / MARKET CAP:

$26.7 M in 2015

COMPANY TYPE:

For Profit

TRACTION COMMENT:

OpenFin technology powers applications licensed across over 100,000 desktops, including applications from 35 of the world's largest banks and trading platforms(Feb 2017).

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

15,206

AVERAGE VISITS (6 MONTHS)

19,708.93

MONTHLY VISITS GROWTH

-0.63%

VISIT DURATION

534

VISIT DURATION GROWTH

-22.97%

PAGE VIEWS VISIT

12.5

PAGE VIEWS VISIT GROWTH

-10.97%

BOUNCE RATE

27.7%

BOUNCE RATE GROWTH

-6.88%

GLOBAL TRAFFIC RANK

684,368

MONTHLY RANK CHANGE

-174,168

MONTHLY RANK GROWTH

-20.29%

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