IRM, An OpenLink Company, Opens Office In Moscow, Russia

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IRM, An OpenLink Company, Opens Office In Moscow, Russia – Ability To Provide Local Support For Geographically Diverse Client Base, A Driver

IRM, a leading solutions provider focused on structured procurement management, optimization, and investment analysis and planning, today announced that it will open an office in Moscow, Russia. IRM will use this new office to organically expand their footprint in Russia and to other nearby eastern European territories, with a focus on providing local support for their expansive and geographically diverse client base.

IRM’s CEO, Markus Seiser noted, “Our acclaimed product support center is set up to provide Russian speaking experts, and is in a unique position to act quickly regarding changing requirements of this local market.” Mr. Seiser went on to add, “Being able to deliver a system with a Russian GUI was crucial to IRM’s commitment to client-focused solutions for the Russian and eastern European territories.”

“Russia represents a large underserved region and is increasingly becoming a significant player in the global energy and commodities marketplace, and as a result, many of our clients have expressed an interest in expanding into this region,” commented Kevin Hesselbirg, CEO of OpenLink. Mr. Hesselbirg further noted, “OpenLink continually has supported the expansion goals of our clients in multiple ways: by opening offices worldwide for regional support, understanding local conventions and nuances, and offering solutions that support multiple markets and asset classes across the global marketplace.”

To learn more about IRM’S solutions for Energy & Commodities Logistics and Optimization please visit:

About IRM

IRM's system solutions are specifically tailored to the requirements of deregulated markets and support the operative business as well as strategic planning.

From structured procurement management (forecast, energy disposition, from simple registration and handling of an increasing number of procurement flows including schedule and balancing group management) to energy trading with portfolio/risk management (including complex risk and optimization functionalities) in the multi-commodity environment as well as in investment analysis and planning.

IRM is a leading software provider for system solutions in the energy sector (electricity, gas, district heating, certificates, oil and coal). The company, which was founded in 1998 in Vienna, has more than 120 employees and more than 50 references in numerous countries

About OpenLink

Founded in 1992, OpenLink is a provider of cross-asset trading, risk management, related operations processing and portfolio management software solutions for the commodity, energy and financial services markets globally.

OpenLink's client base of more than 350 customers worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions and 11 of the largest central banks, as well as major hedge funds, commodities companies and public utilities.

Headquartered on Long Island, New York and with offices in New York City, Houston, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Toronto and Moscow. OpenLink has more than 900 employees worldwide.

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