OpenLink Selects Diyar United as Strategic Partner, Supporting Energy, Commodities, and Corporates in the Middle East

Diyar United is a leading regional information and communication technology company, headquartered in Kuwait, with more

  
Dubai and London - May 4, 2016 - OpenLink, the global leader in trading and risk management solutions for the energy, commodities, corporate and financial services industries, has selected Diyar United as its strategic partner when working with clients across the Middle East.

Diyar United is a leading regional information and communication technology company, headquartered in Kuwait, with more than 1,500 employees across the Middle East. Its client industries include oil and gas, aviation, transport and various government entities, and its culture is built on bringing the comfort of 'Home' ("Diyar" meaning Home in the Arabic language) to its clients, whilst delivering the best global solutions in the international marketplace.

Amer Attar, Director of Business Development for MEA at OpenLink, highlighted: "The partnership with Diyar further underscores our dedication to the region. We're pleased to be bringing our award-winning trading, logistics, risk and treasury solutions to the oil and gas industry and commodity intensive corporates across the Middle East, working with a trusted local expert."

Diyar United will offer local support, professional resources and technical expertise in the region, as well as support the delivery of OpenLink's cloud solutions, which offer scalable, hosted models for businesses who want alternatives to on-site technologies.

Bashar Atout, CEO, Diyar United, commented: "We're delighted to have been chosen by OpenLink as its partner. We already work with leading technology providers such as Microsoft, Oracle, Cisco, and VMware, supporting their sales and delivery activities in the region. We're excited to expand this partnership so we can work together to introduce OpenLink's solutions across the region and assist in delivery and after sales support locally."

About OpenLink
Founded in 1992, OpenLink (www.openlink.com) is the global leader in Transaction Lifecycle Management (TLM) software for the commodity, energy and financial services industries. OpenLink's products address portfolio management, trading, risk management, and operations processing for both financial and physical assets.

Owned by leading private equity investment firm Hellman & Friedman, OpenLink is a global software and services business that has grown both organically and through strategic acquisitions, to achieve revenues in excess of $300 million. The company serves over 600 clients, including 12 of the world's largest commodity and energy companies, 9 of the largest financial institutions, and 13 of the largest central banks. OpenLink has 1,200 employees in 14 global offices on five continents, with headquarters outside New York City and field offices in Houston, Manhattan, London, Berlin, Vienna, Toronto, Tulsa, São Paulo, Mexico City, Bangalore, Singapore, Dubai and Sydney.

OpenLink has received numerous industry awards and recognition, including citations as the industry leader in Commodity/Energy Trading and Risk Management (C/ETRM) systems, and first-in-class ranking by Energy Risk magazine, with analyst firms Gartner and Chartis citing OpenLink as a leader in financial platforms.

About Diyar United Company
Since its inception in 1980, Diyar United (www.diyarme.com) has been in the business of providing innovative Information Technology solutions, products and services in state of Kuwait. Based on that solid foundation, Diyar has emerged to provide innovative solutions in the Middle East Region. Our solutions have been carefully selected to add value by improving efficiency and effectiveness across all sectors. In addition we have invested in providing industry specific solutions for Government, e-Government, Homeland Security, Oil Industry, Telecommunication Industry, Transportation and Health Sector.

Media Contacts
Michael Golding
Global Head of Public Relations
OpenLink
michael.golding@openlink.com
Mobile: +44 (0)7766398912

© Press Release 2016

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