Monitoring risks and preparing for future recessionary environment
What’s new at Opensee?
Opensee’s newsletter!
The first quarter of 2023 has been full of tremendous milestones at Opensee!
We announced our latest partnership with Kepler Cheuvreux, have appointed Emmanuel Richard as our Chief Growth Officer, hosted our webinar on the most challenging banking regulation in the moment, FRTB…
And more recently, we have been proudly awarded “Best Risk Data Aggregation Initiative” by WatersTechnology for the second year in a row! How grateful we are to confirm our leadership as a game changer in the big data technology industry, after being recognised for our Risk and Capital Markets expertise as the “FRTB Product of the year”.
But enough spoiling – let’s discover more about this exciting news below!
Stéphane Rio, CEO & Founder of Opensee
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What’s new?
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| Opensee wins the “Best Risk Data Aggregation Initiative” award…for the second time in a row! |
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| If you missed our webinar with:
Watch it here on demand! |
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If you didn’t meet us at TradeTech…
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Kepler Cheuvreux has selected Opensee’s Trade Management & Execution Analytics Solution |
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How is Kepler Cheuvreux unlocking trading intelligence from its data? |
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What about our product…
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How to better understand your trade executions to improve your future activity thanks to Opensee? |
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Our latest blogs, press releases and interviews
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Emmanuel Richard, recently appointed Chief Growth Officer at Opensee, is ready to take Opensee’s global marketing and business development at the next level! |
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We’re happy to take another step towards our global growth strategy to keep building a strong presence globally and especially in the US market. |
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What’s coming up?
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13-16 November 2023–We’ll be back this year at RiskMinds International! Stay tuned…Where? InterContinental O2, London, UK |
Opensee Appoints Anne-Laure Delaplace as Chief Operating Officer
Paris, 8th June, 2023 – Opensee, which provides complete data access and real-time analytics to financial institutions, has appointed Anne-Laure Delaplace to the new role of Chief Operating Officer as it deepens its senior leadership team to drive the company on its growth trajectory.
Stephane Rio, Founder and CEO of Opensee, said: “Anne-Laure’s experience in finance, capital markets and the innovative world of fintechs will be extremely valuable to the Opensee team at this critical stage in the company’s development. Our client base is growing rapidly so we are scaling up our capabilities to ensure our game-changing solutions integrate with clients’ systems smoothly, seamlessly and at low cost for their IT departments. Anne-Laure’s Customer Success experience will ensure that, as Opensee grows, our primary focus remains addressing all of our clients’ needs.”
Anne-Laure brings 15 years of experience working in finance and capital markets, having started her career in investment banking and asset management.
She joins Opensee from SlimPay, the recurring payments fintech, where she oversaw Customer Success and was a member of its Management Committee. Previously, she held various customer-centric roles in the capital markets, finance and risk data businesses of Refinitiv and Thomson Reuters. Anne-Laure is a Chartered Financial Analyst and has a Masters in International Finance from the HEC Paris Business School.
Opensee helps financial institutions unlock the valuable business and risk intelligence hidden within the vast quantities of data they collect and store. Its solutions enable users to manipulate data for simple or complex calculations with embedded analytics for a wide range of use cases, ranging from risk management and regulatory reporting, to trading decisions and ESG analysis.
Anne-Laure Delaplace said: “I am delighted to be joining Opensee in its mission to help clients in banking and other financial services to extract the potential value from their data. Common sense and collaboration are how I go about managing teams and it’s how I’ll approach optimising Opensee’s operational processes. I’m very much looking forward to supporting the development of the team at such an exciting time for the company.”
ENDS
MEDIA CONTACT
Simon Packard – Streets Consulting
Email: [email protected]
Notes to the Editor:
About Opensee
Opensee democratises multidimensional Data Analytics for Financial Institutions allowing financial institutions to leverage 100% of the risk, liquidity, trading, market and ESG data in their core banking functions. Opensee offers the only platform providing risk managers and front office users a single solution for enhanced data analysis, empowering them to explore real time unlimited amounts of data down to the most granular level. Opensee enables institutions to lower their infrastructure costs, to gain competitive advantage and to unlock vital business-user-led opportunities. For more information, please visit our website www.opensee.io or follow us on LinkedIn and Twitter.
Opensee wins “Best Risk Data Aggregation Initiative” award – again!
Opensee has been awarded the prestigious “Best Risk Data Aggregation Initiative” at the Inside Market Data & Inside Reference Data Awards 2023 for the second consecutive year!
This back-to-back win solidifies our position as an industry leader in Risk Analytics and showcases our constant commitment to provide our clients with innovative approaches and performant solutions. Thanks to Opensee’s cutting-edge technology, financial institutions have controlled views of their risk profiles by giving them access to data at scale with embedded analytics, with a focus on improving data quality and data exploration, which are critical steps for analysing and aggregating large volumes of data.
We extend our heartfelt gratitude to the team at WatersTechnology for acknowledging our team’s hard work and dedication, and also to everyone who has supported us throughout this journey!
“The ability to calculate market risk accurately is a key function for financial institutions and, as a universal bank, Societe Generale collects a huge amount of data on a daily basis. By using Opensee, we have gained between one to two years in developing a solution because they took care of managing all the low-level details.”, Philippe Vibien, Global CIO Finance, Risk & Market Data (GBIS), SGCIB
Check the full announcement here.
Interested in knowing more about how Opensee excels in meeting the industry needs?
Listen to our Chief Growth Officer, Emmanuel Richard, who had the opportunity to be Victor Anderson’s guest for the IMD & IRD Awards Winner’s interview. From what separates Opensee from other vendors to our future objectives around broadening the range of embedded AI analytics, they discuss why Opensee repeated its win in this highly competitive category.
Countdown towards FRTB implementation: Is your bank ready?
The countdown towards implementation of the Fundamental Review of the Trade Book (FRTB) has begun in earnest. Starting later this year in the Asia-Pacific region, FRTB will require banks to adopt a more extensive and complex set of data and analytics to calculate and understand risk charges. As a result of FRTB, banks will need to capture a much more granular level of data, as well as derive useful insights for better decision making.
As banks test their strategies towards FRTB and their systems infrastructure, Risk.net recently hosted a panel discussion entitled “Action time on FRTB: is your bank ready for the data challenge?” to explore the key data and analytics challenges as well as the opportunities arising from FRTB implementation. It invited Opensee to participate since in January it won Risk.net’s FRTB Product of the Year. Opensee’s Founder and Chief Executive Officer Stephane Rio joined Arnold Jesper Skimminge (Head of Quantitative Analytics, Nordea) and Sumesh Lund (Lead Market Risk Manager, Nordea) in the discussion moderated by Phil Harding (Commercial Editor of Risk.net).
What will actually be required?
What emerged in the panel discussion was agreement that if banks are to comply with the new rules for market risk capital, their infrastructure will need to provide two fundamental elements. The first is accurate, near real-time data for the front office and risk managers to manage portfolios and to simulate potential impacts. The second involves infrastructure changes to overcome the technical challenges involved with handling the immense data size (in some cases up to 100 times larger than that which is typically dealt with today).
The wide-ranging discussion also explored the complexities of calculating capital under FRTB if banks use a standardised approach (SA) or an internal models approach (IMA). This is a topic that we examined in more detail a few months ago in our blog, “Data Is the North Star for Navigating the Default Risk Charge Challenges Presented by FRTB”.
How can Opensee help?
Opensee’s platform runs simulations, ensuring front office and risk managers are (1) provided with the correct data, and (2) able to get insights from this data on an intraday, real-time basis by being able to examine data at a granular level and in an interactive way. Risk.net judges praised the Opensee platform for its “top notch data management capabilities” when they awarded it FRTB Product of the Year.
Through Opensee’s technology, banks gain a complete view of their data, not only to produce daily FRTB reports, but to unlock on demand actionable business intelligence through accurate, flexible and fast analysis of their data.
If you would like to learn more about the FRTB capabilities of Opensee’s platform, as well as other use cases in risk management, liquidity management and ESG, please book a demo at [email protected]
To view the recording of the Risk.net webinar, please click: “Action time on FRTB: is your bank ready for the data challenge?”.
Opensee Appoints Emmanuel Richard as Chief Growth Officer
Paris, 5th April, 2023 – Opensee, which provides complete data access and real-time analytics to financial institutions, has appointed Emmanuel Richard as Chief Growth Officer – a role which includes Global Marketing, Business Development and Partnerships – and as Managing Director of North American operations, headquartered in New York.
Emmanuel has 25 years of operational and commercial experience in the technology industry, gained at industry giants to start-ups in Europe and the U.S., where he has worked since 2016. He joins Opensee from Rimini Street, the Nasdaq-listed enterprise software support company, where he was Senior Vice President and General Manager for Americas. Before this, Emmanuel spent more than 12 years in the Data & Analytics space working at MicroStrategy, a leader in Business Intelligence, where he led numerous sales leadership functions internationally before taking over the Global Partners responsibilities and growing a network of over 700 corporate members.
In his new role, Emmanuel joins Rodrigo Medgenberg, VP of Sales, to accelerate Opensee’s go-to-market strategy and its execution.
Stephane Rio, Founder and CEO of Opensee, said: “Emmanuel brings huge experience in international sales and in running operations, so he will add fresh impetus to our drive to achieve the growth objectives we set late last year, at the time of our successful Series A funding round. In particular, Emmanuel will be working on all aspects to drive our growth through a comprehensive marketing function, including Digital strategy, Product Marketing, Demand Creation, Analysts and Press Relations, and developing our community of Opensee users.”
Opensee allows financial institutions to unlock the valuable business and risk intelligence hidden within the vast quantities of data they collect and store.
Emmanuel Richard said: “I’m delighted to be joining Opensee at this exciting stage in its development in such a hot market. Never has there been such demand from the sell-side and buy-side for smart data consumption, for regulatory and internal requirements. Private and public cloud architectures are facilitating the storage of an unprecedented volume of historical and real-time data, but getting substantial value from these architectures remains a challenge for most organisations. This is precisely what Opensee is addressing, with its fully integrated platform designed by Finance for Finance, leveraging the power of the golden source with the freedom of self service.”
Opensee is also confirming with Richard’s nomination its strategy to invest in partners as a key growth driver.
Emmanuel Richard concluded: “With its no code / low code integration capabilities and open API architecture, the Opensee platform is designed to allow integrators to deliver bespoke, cost efficient, hybrid and scalable solutions to the Risk, Finance and Trading functions across the financial industry – where there’s a need to focus on consuming the data without being exposed to the complexity of its underlying infrastructure.”
ENDS
MEDIA CONTACT
Simon Packard – Streets Consulting
Email: [email protected]
Notes to the Editor:
About Opensee
Opensee democratises multidimensional Data Analytics for Financial Institutions allowing financial institutions to leverage 100% of the risk, liquidity, trading, market and ESG data in their core banking functions. Opensee offers the only platform providing risk managers and front office users a single solution for enhanced data analysis, empowering them to explore real time unlimited amounts of data down to the most granular level. Opensee enables institutions to lower their infrastructure costs, to gain competitive advantage and to unlock vital business-user-led opportunities. For more information, please visit our website www.opensee.io or follow us on LinkedIn and Twitter.
