About the Customer
The European Central Bank is the central bank for the euro and administers the monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.
Scope and Challenges
As one of the world’s largest supranational public financial institutions, the risk, and treasury management system was a mission-critical initiative for the European Central Bank.
Outcome and Implications
OpenLink's solution supports all market operations linked to ECB’s management of euro-denominated investment portfolio, decentralized management of the ECB’s foreign reserves, and various monetary policy-driven asset purchase programs.
The digital project went live in 2018.
“OpenLink is deeply committed to helping the ECB and other central banks evolve in step with regulatory changes, the need for advanced reporting and data analytics, and other market shifts.”
“We are proud to collaborate with the ECB as it further enhances its risk and treasury operations for the Eurosystem,” said Bernard Delahaye, Chief Revenue Officer of OpenLink in EMEA.
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