Ortec Finance

Ortec Finance makes investment decision and planning software for financial institutions, including banks, wealth managers, pension funds, insurers, asset managers and sovereign wealth funds. The company was founded in 1982, is headquartered in Rotterdam, the Netherlands, and has offices in Amsterdam, London, Toronto, Zurich, Melbourne, Singapore and New York. It says it has more than 600 clients in over 20 countries.

For the wealth market, Ortec sells OPAL, a financial and wealth planning platform for wealth managers, banks and pension providers that the company says is used by institutions in the UK and other countries. OPAL builds a goal-based plan for each client, runs cash-flow management and wealth projections, monitors plans continuously and sends alerts when a client's goals drift off course. It includes risk profiling that checks each portfolio against the client's risk attitude and capacity for loss, and it records activity for audit. Firms can license OPAL modules separately or as a full platform.

OPAL connects with Salesforce and with core banking systems. Ortec's institutional products include an economic scenario generator, asset allocation, asset-liability management, performance measurement and attribution, and climate scenario analysis.