LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Technology Optionsthe leading provider of cloud-based trading infrastructure for global capital markets, and Code Acceptancefinancial data management experts, today announced the launch of the end-to-end data platform products ‘Options Data Store’ and ‘Quantify’.
Options Data Store offers merchants and researchers the ability to “try and buy” off-the-shelf datasets without searching or storing large datasets. Data Store eliminates the complexity of capturing, normalizing and storing market data, allowing users to focus on generating alpha. Using a user-friendly GUI, data is made available in multiple formats, including ID mapped using a proprietary multi-asset security master.
Datasets are accompanied by relevant information and research; once a dataset has been selected, users can launch it directly into an integrated Jupyter Notebook or into Quantify, a high-performance computing environment, with the ability to query in multiple languages.
Quantify, the second of today’s announcements, securely overlays a fully auditable, high-performance self-service compute environment on top of Options Data Store, delivering an abundance of data through a converged enterprise service . Key features of this new product include granular file system-level data access rights and built-in auditing and budgeting toolsets. The solution also offers multi-cloud capabilities, with the ability to direct compute jobs to the least expensive or most efficient environment based on available capacity.
As key additions to Options’ product portfolio, these solutions build on the SOC Compliant Security Serviceswith 24/7 support and monitoring.
Micah Kroeze, Options, SVP Product Management, said, “Code Willing’s unique technology solutions and Options’ industry-leading infrastructure services have enabled us to solve the industry’s biggest challenges in data acquisition, time to market in the market of trading strategy and control of business data. We are thrilled to announce Options Data Store and Quantify and look forward to continuing to bring material value to our customers through our partnership with Code Willing.
Baron Davis, CEO of Code Willing, added, “The partnership between Options and Code Willing is a true game changer that will solve the way data is absorbed, cleansed and delivered across all cloud environments. Their incredible infrastructure and customer service, combined with our top-of-the-line software solutions, make the perfect match. We are excited to bring these two game-changing products to market in the next phase of our alliance. »
Today’s products are the result of the company’s partnership announced last year.
This news is the latest in a series of strategic announcements for Options, including VMware Cloud Verified Status in LHC, accommodation capacities in Bergamoand one fifth Microsoft Gold Partner status in communication skills.
In 2019, Options received an investment from a Boston-based private equity firm, Abry Partners. This investment allowed Options to accelerate its growth strategy and develop its technology platform while expanding its reach in major financial centers around the world.
About options (www.options-it.com):
Options Technology is the #1 provider of IT infrastructure for global capital markets firms, supporting their operations and ecosystems.
Founded in 1993, the company began life as a provider of hedge fund technology services. Today, the company provides high-performance managed trading infrastructure and cloud-managed services to more than 550 companies worldwide, delivering an agile and scalable platform in an investment bank-grade cybersecurity wrapper.
Options clients include major global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity firms and exchanges . With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore and Auckland, Options are well positioned to serve their clients on-site and remotely.
In 2019, Options secured a significant growth investment of Abry Partners, a Boston-based industry-focused private equity firm. This investment allowed Options to significantly accelerate its growth strategy to further invest in its technology platform and expand its reach in major financial centers around the world.
Options has been named one of the UK’s leading growth companies in the 2021, 2020, 2019, 2018 and 2017 Sunday Times HSBC International Track 200 rankings.
About Abry Partners (www.abry.com)
Abry is one of the most experienced and successful industry-focused private equity investment firms in North America. Since its inception in 1989, the firm has completed more than $82 billion in leveraged transactions and other private equity or preferred equity investments. Currently, the firm manages over $5.0 billion of capital in its active funds.