Country for PR: United States
Contributor: PR Newswire New York
Tuesday, April 27 2021 - 22:00
AsiaNet
OpenFin Launches Workspace to Accelerate Industry Standardization and Openness
NEW YORK and LONDON, April 27, 2021 /PRNewswire-AsiaNet/ --

OpenFin, the operating system (OS) for enterprise productivity, today announced 
the launch of OpenFin Workspace, a revolutionary product that accelerates the 
vision of a truly open ecosystem within the financial industry. OpenFin is now 
being used by 90% of global financial institutions and deploys more than 3,500 
apps across 300,000 desktops.

Logo - https://mma.prnewswire.com/media/1362289/OpenFin_Logo.jpg 

Built on the company's flagship operating system and designed in collaboration 
with customers, OpenFin Workspace allows business users to consolidate and 
automate their work across applications and tasks using a single, 
elegantly-designed interface that increases user productivity. 

"Everyone who uses enterprise technology knows the workflow has become 
incredibly painful -- too much manual intervention, constant interruption from 
too many channels, the inability for technology to help us focus on what's 
important -- and it's time to turn things around," said Adrian Crockett, 
OpenFin's Chief Product and Strategy Officer. "OpenFin Workspace was developed 
to solve all these issues, but more importantly, it gives customers the ability 
to tap into a rich ecosystem of resources, powered by a thriving community of 
partners, without having to do all the technical heavy lifting themselves."

Key components of the Workspace include a keyboard-driven digital assistant for 
app discovery and search; a browser built for work; a rich, actionable 
notification center; and a customizable app store. 

"Our largest and most tech-savvy bank and buy-side customers are moving to use 
OpenFin Workspace and this represents a fundamental break from how these firms 
have operated for decades," said Mazy Dar OpenFin's CEO. "It is a privilege to 
have earned their trust and it is a unique moment for the financial industry to 
finally turn the dream of openness into reality."

The new offering provides a turnkey solution that simultaneously eliminates the 
need for costly development as it standardizes workspaces across the industry, 
which is significant given that large banks and asset managers have 
traditionally built their own workspace offerings at enormous cost in order to 
unify applications and automate workflow. 

Small and mid-sized financial firms, on the other hand, usually don't have 
dedicated in-house teams to develop a workspace solution, resulting in a poor 
and fragmented experience. With OpenFin Workspace, firms of all sizes will have 
access to a best-in-class solution that not only creates a unified experience, 
but also enables third-party applications to easily integrate into their 
customers' internal environments.

OpenFin Workspace has been in a Private Beta with several major banks and asset 
managers for the past three months and is now available to all industry 
participants. The product is instantly deployable at the more than 2,400 banks, 
asset managers and hedge funds where OpenFin OS is used today.

About OpenFin 
Move Fast. Break Nothing. OpenFin is the operating system for enterprise 
productivity, enabling app distribution, workspace management and workflow 
automation. Used by 90% of global financial institutions, OpenFin deploys more 
than 3,500 desktop applications to more than 2,400 buy-side and sell-side 
firms. OpenFin investors include Bain Capital Ventures, Barclays, CME Ventures, 
DRW Venture Capital, HSBC, J.P. Morgan, NYCA Partners, Pivot Investment 
Partners, Standard Chartered and Wells Fargo Strategic Capital among others. 
The company is based in New York with offices in London and presence in Hong 
Kong.

Contact: press@openfin.co 

SOURCE: OpenFin
Translations

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