Opengamma is a developer of market risk management platform for financial services firms which is designed to optimize their businesses in the evolving OTC markets.
PRODUCTS & SERVICES:
OpenGamma helps financial services industry by providing an open-source platform called Strata which enables derivatives risk management and analytics solutions specifically for the use in the derivatives OTC markets.
The company refers to its solutions as "Risk as a Service" that encompasses ETD & OTC margin calculations, bilateral OTC margining, and derivatives MTM & Greeks calculation.
It allows users to use Strata and create customize solutions for their analytics platform.
The company is planning to offer a cost-effective and nimble alternative to legacy, enterprise-wide platforms by using an innovative range of software-as-a-service (SaaS) solutions based on an open source library of standardized derivatives pricing and risk models.