OpenGamma
OpenGamma, founded in 2009 and headquartered in London, specializes in derivatives margin analytics, helping financial firms optimize collateral management and capital efficiency.
Profile
OpenGamma provides software to help financial firms manage and optimize collateral requirements for derivatives trading.
OpenGamma, founded in 2009 and headquartered in London, specializes in derivatives margin analytics, helping financial firms optimize collateral management and capital efficiency. The company's platform provides front-to-back derivatives management, enabling trading, risk, treasury, and operations teams to reduce funding costs and improve liquidity. OpenGamma has gained traction among hedge funds, commodity trading firms, and asset managers, with notable clients including DRW, PIMCO, and Systematica.
In February 2022, the company secured $21 million in a funding round led by Allianz X, with participation from existing investors. This investment aimed to expand its product offerings and automate workflow solutions for treasury management. OpenGamma's SaaS model generates stable, recurring revenue, and its technology is particularly relevant as regulatory changes increase margin requirements for derivatives. The company emphasizes remote work flexibility and career progression, offering stock options and training budgets to attract talent.
Who buys this
- Hedge funds seeking to reduce margin requirements and increase leverage
- Commodity trading firms managing liquidity and hedging costs
- Asset managers optimizing capital efficiency across portfolios
- Pension funds and other institutional investors with derivative exposures
Publicly disclosed clients
- DRW
- PIMCO
- Systematica
- ATP
- Uniper
Strengths and what to watch
Strengths
- Proprietary margin optimization algorithms validated by major financial institutions
- Recurring SaaS revenue model with long-term client contracts
- Deep expertise in regulatory requirements for derivatives collateral
Watch for
- Concentration risk in financial sector clients during market downturns
- Dependence on continued regulatory complexity driving demand
- Competition from larger risk management platforms expanding into margin optimization
Key Information
- Founded
- 2009
- Headquarters
- London
Frequently Asked Questions
What does OpenGamma do?
OpenGamma provides SaaS software helping financial firms optimize collateral for derivatives trading. Their platform reduces margin requirements, improves capital efficiency, and ensures regulatory compliance. Clients include hedge funds, commodity traders, and asset managers like PIMCO and DRW. Founded in 2009, they focus on derivatives margin analytics and workflow automation.
How does OpenGamma help hedge funds?
OpenGamma's platform enables hedge funds to reduce margin requirements and increase leverage through proprietary optimization algorithms. It automates collateral management workflows, lowering funding costs while maintaining compliance. The solution integrates with existing systems, providing real-time analytics for better liquidity management in derivatives portfolios.
Who invested in OpenGamma?
In February 2022, OpenGamma secured $21 million in funding led by Allianz X, with participation from existing investors. This capital supports product expansion and treasury automation features. The investment reflects confidence in their SaaS model and the growing need for margin optimization solutions in regulated markets.
What makes OpenGamma different from competitors?
OpenGamma specializes exclusively in derivatives margin optimization, with algorithms validated by major institutions. Unlike broader risk platforms, it offers deep regulatory expertise and targeted workflow automation. Their SaaS model provides recurring cost savings, particularly for firms facing increasing collateral requirements under changing financial regulations.
Is OpenGamma hiring remote workers?
Yes, OpenGamma emphasizes remote work flexibility and offers stock options, training budgets, and career progression opportunities. Their careers page highlights a distributed team culture, appealing to fintech professionals seeking work-life balance while developing specialized financial compliance software.
What types of firms use OpenGamma?
OpenGamma serves hedge funds (DRW), asset managers (PIMCO), commodity traders (Uniper), and pension funds (ATP). Clients leverage its platform to optimize collateral across derivatives portfolios, manage liquidity, and comply with evolving margin requirements. The solution scales for institutional investors with complex exposures.
Sources
- opengamma.com — $21 million funding round in February 2022
- opengamma.com — Client use cases and product capabilities
- opengamma.com — Company culture and remote work policies
- opengamma.com — Technical expertise in margin analytics