The Reserve Bank of Australia (RBA) has licensed OpenLink's Findur solution to support its financial market operations across front, middle and back office functions.
The Australian central bank is to implement Findur as a replacement solution for multiple in-house systems, creating a single, integrated IT platform for its dealing functionality, risk control, operations, and accounting, as well as settlement processing that includes Swift connectivity.
Jean-Claude Riss, managing director of OpenLink International says: "This relationship extends our presence within Asia Pacific and reinforces our foothold in this region."