OpenLink Announces Asset Transaction Management to Streamline Midstream and Downstream Operations

New self-service web portal enables the automation of nominations, ticketing, allocations and invoicing JUNE 21, 2017 – Houston, TX – OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, today announced that its newly developed solution, Asset Transaction Management (ATM), is now live at three leading energy clients – including Williams Midstream Partners and SemGroup – and open to the market. Many asset operations are increasingly spinning off from the marketing or trading arms of the business, and companies are transferring their assets to master limited partnerships or independently operated units for financial benefits. To manage this, asset operators need a system that specializes in managing shipper nominations, allocations and invoices, in addition to a customer service web portal that delivers enhanced value propositions to their customers. Traditionally, operator processes have been hindered by disparate systems, manual spreadsheets, emails and phone calls. OpenLink developed ATM in direct response to market demands by providing a completely integrated platform that frees up resources to focus on higher value activity. “With new pipelines and terminals coming online and ever-increasing competition, it’s more important than ever for asset operators to ensure their nomination

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