OpenGamma

OpenGamma

Open source risk management platform for capital markets. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues7.4m7.6m13.6m15.9m26.8m
% growth-3 %78 %17 %69 %
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DateInvestorsAmountRound
-

N/A

-

$2.2m

Series A

$6.0m

Series B

$15.0m

Series C
N/A

€900k

Debt
N/A

$1.3m

Debt
N/A

$500k

Debt

$13.3m

Series D
*

€900k

Late VC

$10.0m

Series E
*

$21.0m

Late VC
Total Funding€62.2m

Recent News about OpenGamma

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More about OpenGammainfo icon
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OpenGamma is a financial technology company that specializes in providing advanced analytics and risk management solutions for the derivatives market. The company operates primarily in the financial services sector, serving clients such as banks, asset managers, hedge funds, and clearinghouses. OpenGamma's main product offerings include Strata, an award-winning open-source analytics and market risk library, and their Margin Analytics solution, which helps financial institutions manage and reduce the costs associated with margin requirements.

The company focuses on helping its clients navigate the complexities of derivatives trading and risk management. Derivatives are financial contracts whose value is based on the performance of underlying assets, such as stocks, bonds, or interest rates. Managing these contracts requires sophisticated tools to calculate risks and margins accurately. OpenGamma's solutions are designed to provide these tools, enabling clients to make informed decisions and optimize their trading strategies.

OpenGamma operates on a software-as-a-service (SaaS) business model. This means they offer their software solutions through a subscription-based service, allowing clients to access their analytics and risk management tools via the cloud. This model provides a steady stream of recurring revenue for the company, as clients pay regular fees to use the software.

The company makes money by charging subscription fees for access to its analytics platforms and by offering premium services and support. Additionally, OpenGamma collaborates with major central counterparties (CCPs) to ensure their margin analytics cover a broad range of over-the-counter (OTC) derivatives, providing clients with comprehensive and up-to-date information.

In summary, OpenGamma is a key player in the financial technology space, offering specialized analytics and risk management solutions for the derivatives market. Their products help financial institutions manage risks, reduce costs, and comply with regulatory requirements.

Keywords: derivatives, risk management, analytics, financial technology, SaaS, banks, asset managers, margin requirements, CCPs, OTC derivatives.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.