OpenFin Launches Workspace To Accelerate The Standardization And Openness Of The Industry
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 used by 90% of global financial institutions and has more than 3,500 apps on 300,000 desktops.
OpenFin Workspace is based on the company’s flagship operating system and was developed in collaboration with customers. It enables business users to consolidate and automate their work across applications and tasks using a single, elegantly designed interface that increases user productivity.
“Anyone who uses enterprise technology knows that workflows have become incredibly cumbersome – too much manual intervention, constant interruptions from too many channels, the inability of technology to help us focus on what matters – and it’s on It’s time to turn things around, ” said Adrian Crockett , OpenFin’s Chief Product and Strategy Officer .” OpenFin Workspace was designed to solve all of these problems, but more importantly, it enables customers to experience a rich ecosystem of Tapping into resources powered by a thriving community of partners without having to do all of the heavy engineering work themselves. ”
Key components of Workspace include a keyboard-driven digital assistant for app discovery and search, a browser designed for work, a comprehensive, actionable notification center, and a customizable app store.
“Our largest and most tech-savvy banking and buy-side customers are moving to OpenFin Workspace, and that is a fundamental break with the way these firms have worked for decades,” said Mazy Dar, CEO of OpenFin . “It is a privilege to have won their trust and it is a unique moment for the financial industry to finally make the dream of openness a reality. ”
The new offering offers a turnkey solution that also eliminates the need for costly developments by standardizing work areas across the industry. This is of great importance because large banks and asset managers have traditionally developed their own workspace offerings at enormous cost to unify applications and automate workflows.
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Small and medium-sized financial firms, on the other hand, typically don’t have dedicated in-house teams to develop a workspace solution, resulting in a poor and fragmented experience. With OpenFin Workspace, companies of all sizes have access to a best-in-class solution that not only creates a uniform experience, but also enables easy integration of third-party applications 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 can be used immediately at the more than 2,400 banks, asset managers and hedge funds that currently use OpenFin OS.
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