23rd October 2020
Here at Options, when we say we are "on a mission to transform the financial sector", we mean it. In recent times, the leading technology transforming the sector is Layer 1 switching, also known as multiplexers, FPGA switches or port replicators. These devices endeavour to replicate digital signals from one port to another on a single device.
With Northern Ireland going back into lockdown from Friday and much of the UK likely not far behind we thought it was a good time to give a Robin Hood Project (RHP) update.
RHP was the Options teams' direct action project to deliver much-needed help to frontline teams in COVID hospitals in Belfast, London and New York during the first wave of the pandemic in late Read more
Here at Options, we’ve been working from home for several months now. In these unprecedented times, it’s important to remind ourselves how far we have come and the key learnings which now shape our ‘new reality’. That’s why we have decided to mark Read more
At Options we have a lot of experience troubleshooting instability in complex global systems, be it networks, storage, etc. Viewing the COVID-19 pandemic through that operational lens, there seems to be conclusive evidence that the lockdowns across the developed world well and truly halted the impact in its tracks.
Last September, Options launched its 2020 graduate and placement programme. At the time, we expected it would run as it had each year since we first launched the scheme in Belfast in 2012.
As we now know, nothing is quite what it was in 2019. Like most firms, Options went fully remote at the start of March.
A few observers have noted that the COVID-19 shock will force business and people in general to bound forwards on communication technology adoption. We’ll likely see more progress in the uptake and evolution of technologies like Zoom or Teams in 12 months than would have happened in a decade. Caveat, events have accelerated the wave, but the wave would probably have happened anyway.
Experienced CSO’s know that how any company responds to a security incident says a tremendous amount about an organisation. Companies quick to acknowledge errors are often quick to fix them as well.
It must be said that Zoom have responded to recent criticism in fairly impressive fashion.
We’ve been getting a lot of questions about our plans for a return to "normal operations" over the last few weeks.
The first point is that we could continue to operate the core platform as normal with our staff working from home for a few years if we had to. Many firms feel that WFH has fundamentally undermined their operating models and the erosion is accelerating.
First and foremost, we hope you and your families are keeping safe. For a quick update on our position given the evolving situation:
Looking at the data we believe that political messaging has gotten a little ahead of itself and significant lockdown restrictions will remain in place right through the summer and potentially beyond.
A note from Options CEO and President, Danny Moore...
Just a quick note to thank everyone for a great team performance in Q1. Tomer and the board send their thanks and appreciation also. We’ve kept them abreast of developments and shared all the MEMOs through March and your work has not gone unnoticed.