As WannaCry and Petya ransomware attacks made headlines, May and June saw Microsoft and other vendors release a flurry of critical security patches. July may have cooled off a little in terms of active attacks but, as any cybersecurity team will know, someone somewhere is poking around those vendor bug lists in search of the next vulnerability to exploit.
This is no time for complacency.
Last week the Options team took to Las Vegas for the annual SALT conference to sponsor and provide onsite IT support at the hedge fund industry’s largest get together.
From enhanced cybersecurity measures to operational growth, 2016 proved to be another year of phenomenal success for Options. We have released our 2016 ‘year in numbers’ infographic to highlight a year that saw more high profile client acquisitions, new partnerships and a host of advanced security technologies deployed to safeguard our platform against cyber threats.
We spent last week at FIA Chicago meeting with customers to talk about the latest enhancements across our solutions portfolio. As always, it's an opportunity to catch up with old friends in the industry but also, from a personal perspective, a great reminder of what sets Options apart in our clients' minds.
Back in the early 80s, the BBC Micro had only just emerged on the market and computer games were in their infancy. They were a novelty in which I had a passing interest, but it wasn't until my late teens with the advent of the PlayStation and games like WipeOut that my interest was piqued.
As cyber-attacks continue to challenge the financial industry, security remains the top priority for financial services in an ever-evolving landscape of threats. Last month, Options - a leading provider of financial technology managed services, IT infrastructure, and cybersecurity - sponsored the SALT Conference, which featured cybersecurity and regulation high on the agenda throughout the week.
The financial services sector has trended steadily towards outsourced IT and managed services in the almost eight years since the financial crisis. Aggressive cost cutting and restructuring is now seen as crucial means by which to drive profits, and managed IT providers are playing a critical role.
Increasingly, firms that traditionally managed their infrastructure internally have looked to migrate to outsourced platforms.
In February, Options partnered with security analytics specialist, Observable Networks. In a guest post, Observable explain the benefits of this partnership and how it will impact network security right across the global capital markets industry.
We recently announced a new partnership with Options, the leading managed service and IT infrastructure provider to the global capital markets industry.
The launch of a portfolio accounting system as versatile and robust as Advent Geneva (now SS&C Advent Geneva) can pay off for the users in feelings of clarity and mastery that are almost intoxicating. The feelings that tend to accompany the thought of an upgrade, on the other hand, are more sobering. Upgrades daunt the otherwise dauntless.
Moving office is rarely a straightforward and hassle-free process. The Pandora’s Box of technology requests, there are no shortage of potential setbacks to both your team, and your business.