PR89220

NEW YORK and LONDON, April 27, 2021 /PRNewswire=KYODO JBN/ --

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.

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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