TORONTO & NEW YORK & LONDON – (COMMERCIAL THREAD) –Options, the leading provider of managed trading infrastructure and connectivity to global capital markets, today announced the opening of an office in Toronto.
As Options continues to expand its customer base across Canada, the Toronto location provides the company with a solid foundation to develop and deepen its support to clients in regional Canadian markets.
To manage Toronto operations, Robert Strawbridge was appointed on Vice President of Options Head of Canada at the end of last year, bringing with it over a decade of experience working with numerous foreign exchange technologies and e-commerce platforms. As a former senior executive at Scotiabank, Robert is well positioned to support Options clients on the ground. In addition to customer support, he is responsible for the expansion of Options’s customer base as well as the management and recruitment of staff in the region.
Danny moore, the President and CEO of Options explained, “Options has experienced a period of exponential growth on our platform over the past few years, including double-digit growth in our managed colocation business. Toronto is known for its large talent market and having worked with clients in the Toronto area for many years now, it was clear to us that this innovative and vibrant city was the obvious location for our next office opening.
Mayor of Toronto, John tory added, “The Toronto region has become a North American leader in the convergence of financial services and technology. International companies choose to invest in the region, leveraging North America’s fastest growing technological talent pool. I am thrilled that Options is moving to Toronto, with one of the most educated and diverse workforces in the world, creating jobs for our talented residents and contributing to regional economic recovery and growth. .
Today’s news marks the latest in a series of announcements regarding options, including the acquisition of Fixnetix, their partnership with Packets2Disk to provide leading network analytics and a decade of SOC compliance.
In 2019, Options received investments from Boston-based private equity firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform while expanding its reach in the world’s major financial centers.
About options (www.options-it.com):
Options Technology is the # 1 provider of IT infrastructure to global capital market companies, supporting their operations and ecosystems.
Founded in 1993, the company began life as a technology service provider for hedge funds. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to more than 200 businesses worldwide, providing 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 companies, market makers, brokers / traders, private equity firms and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore and New Zealand, Options are well positioned to serve their customers onsite and remotely.
In 2019, Options secured a significant growth investment of Abry Partners, an industry-focused private equity firm based in Boston. This investment has allowed Options to significantly accelerate its growth strategy to invest more in its technology platform and expand its reach into the world’s major financial centers.
The options were named among the The UK’s top growth companies in the 2021, 2020, 2019, 2018 and 2017 ranking of the Sunday Times HSBC International Track 200.
About Abry Partners (www.abry.com)
Abry is one of the most experienced and successful industry private equity firms in North America. Since its founding in 1989, the company has completed over $ 82 billion in leverage and other private equity and preferred stock investments. Currently, the company manages over $ 5.0 billion of capital in its active funds.