News, Ideas, Insight
ConvergEx Launches Eze Hosting
(Options IT Selected as Infrastructure Provider)
23 June 2010
...ConvergEx Group has announced the launch of a new program that gives clients of its order management system, the Eze OMS, additional options for the management and delivery of the Eze OMS. Through formalized agreements with select partners, Eze Hosting gives clients access to some of the industry’s infrastructure providers and offers clients an ASP solution to allow the Eze OMS to be implemented and hosted off-site...
Sophis Launches VALUE As Hosted Solution
Selects Options IT to power the new offering
21 June 2010
...Sophis today will announce the launch of a hosted version of Sophis VALUE Portfolio System, choosing Options IT to power the new offering….Options IT will host VALUE via its Options PIPE Momentum service. PIPE Momentum is a software vendor neutral, complete managed hosting service for proprietary and third-party financial applications spanning all front-,middle-, and back-office business processes...
Press Release:
Options IT Expands IaaS Offerings with Launch of PIPE® Momentum Financial Application Hosting Service
PIPE Momentum Provides a Fully Managed and Optimized Hosting Service for Financial Applications Spanning the Front-, Middle-, and Back-Office
NEW YORK — June 7, 2010 — Options IT, a leading provider of high-performance technology Infrastructure-as-a-Service (IaaS), managed hosting, ultra-low latency market data and connectivity for the buyside and sellside, today announced it has expanded its IaaS offerings with the launch of the PIPE Momentum financial application hosting service.
PIPE Momentum, the latest Options PIPE platform service, provides the buyside and sellside with a fully managed and optimized hosting service for financial applications spanning all front-, middle-, and back-office business processes. PIPE Momentum is offered as a stand-alone service or fully integrated with PIPE Velocity and PIPE Core to provide firms with a complete financial technology environment and market connectivity solution.
The Options PIPE platform, a fully managed and optimized, software-vendor-neutral, global technology infrastructure and market connectivity service, provides clients with the efficiencies of a hosted technology service delivered with the scalability, strength and security of an enterprise solution.
"The financial industry is in the midst of an enormous shift in its approach toward technology management," said Nigel Kneafsey, CEO of Options IT. "This new model is exemplified by the separation of financial applications, proprietary or third-party, from the underlying technology infrastructure and market connectivity. This enables firms to achieve better performance, a higher degree of flexibility and strength, and ultimately remove the ongoing costs of platform optimization from their balance sheets."
A Buttonwood Tree Grows in Mahwah
21 May 2010
...Nigel Kneafsey is chief executive of infrastructure supplier Options IT. He also sees strong demand from financial service firms for outsourcing, but says they may not want to be tied to a single supplier. Options IT, for example, works with various vendors for market data feedhandling applications. That means "clients can use whichever software platform or hardware accelerator they want," Kneafsey said. "So if they want to move from one to the other or test several, they can.”...