Options Technology, the leading provider of cloud-enabled managed services to the global financial sector, today announced its strategic partnership with OneMarketData and its flagship OneTick platform.
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Options today announced its strategic partnership with OneMarketData and its flagship OneTick platform to deliver Global SaaS Analytics Platform. (Graphic: Business Wire)
Options will enable OneTick subscribers to access its vast repository of market data, including Equities, FX, Futures, Options, and Fixed Income data, as well as advanced market data analytics tools. Together, the two companies will create a cloud-deployed, fully managed market data analytics platform to deliver cost-effective and enhanced trading outcomes for clients.
As part of this partnership, Activ, Options' market data division, will oversee the management and hosting of the shared AWS East environment. The collaboration will provide subscribers with a robust infrastructure that meets the highest industry standards for performance, security, and scalability.
This integrative offering will also benefit Quantitative applications alongside Activ’s extensive Global Market data assets, coupled with integrated corporate actions and reference data linked to over 10 years of historical data.
Options' President and CEO, Danny Moore, commented, "We are delighted to partner with OneTick and leverage our extensive expertise in cloud hosting and market data. This collaboration aligns with our mission to cultivate innovative solutions for our clients across the capital markets, providing unparalleled insights and enabling informed trading decisions in real-time.”
Jeff Banker, OneMarketData’s SVP Market Development, added, “The combination of OneTick’s performance, speed, and functionality with Options’ extensive market data creates a unique service with cost-effective access to a broad set of real-time and curated historical tick data stored within the OneTick platform. Clients can seamlessly access the offering through a variety of API’s such as Python to benefit from the high-performance analytics they need to develop and measure their trading strategies.”
This partnership exemplifies Options' dedication to fostering innovation while empowering OneTick to continue its mission of providing cutting-edge analytics solutions to capital market professionals.
Today’s news comes as the latest in a series of exciting announcements for Options, including the promotion of Laura McCann to CFO, its fifth Microsoft Solutions Partner status for Digital and App Innovation (Azure), and its 30-year company milestone.
In 2019, Options received investment from Boston-based private equity firm Abry Partners. This investment enabled Options to accelerate its growth strategy and develop its technology platform while expanding its global reach in key financial centres.
About Options (www.options-it.com):
Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.
Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.
Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 9 key cities; New York, Toronto, Chicago, Paris, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely.
In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.
Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.
For more on Options, please visit www.options-it.com, follow us on X at @Options_IT, and visit our LinkedIn page.
About OneMarketData: (www.onetick.com)
OneMarketData is a leading provider of software solutions and tick analytics for the financial industry. OneTick’s comprehensive suite for time-series data management, real-time event processing and analytics helps financial institutions address their most demanding trading and surveillance requirements. Equity, Futures and Options proprietary traders, hedge funds, asset managers and investment banks can leverage the built-in capabilities of OneTick for quantitative research, transaction cost analysis, surveillance and back testing. Built by Wall Street experts, the OneTick suite of products is an enterprise-wide tick data capture and storage solution offering analytical modelling tools, global history across equities and futures markets and reference data. In 2015, OneMarketData acquired Tick Data, LLC, the first and leading provider of historical intraday market data, to marry the industry’s most powerful analytics platform with the cleanest, most reliable historical intraday data available. More information about OneMarketData is available at www.onetick.com.
About Abry Partners (www.abry.com)
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.
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Contacts
Press Contact Articulate Communications
Email: OMD@articulatecomms.com
Press Contact, Options: Niall McAleer
Email: niall.mcaleer@options-it.com