Mobil Integrates Abacus Software With Sailfish-Based Risk Systems

TECHNOLOGY & INTEGRATION

Mobil's corporate treasury is implementing New York-based Open Link Financial's Abacus debt and derivatives trading system at its headquarters in Fairfax, Virginia.

Abacus will be integrated within Mobil's current risk management systems infrastructure, helping to calibrate the capital markets group's proprietary value-at-risk models. It will also process incoming debt and derivatives data for subsequent upload into the risk system.

The oil giant's corporate planning department relies on a