Options Expands Its U.S. Operations, Moves To New Midtown Office

Options Expands Its U.S. Operations, Moves To New Midtown Office

New York – October 29, 2015 – Options, the leading managed service and IT infrastructure provider to the global capital markets industry, has today announced it has further expanded. With operations in New York, relocating to a new, larger premises in Midtown.

The move, necessary to accommodate the firm’s continued growth in the U.S., follows the recent consolidation of the IaaS provider’s two existing London offices into one larger space in the Victoria area of central London. Combined, the new offices in New York, London and Belfast will have capacity for over 200 employees.

Options’ global client presence now spans over 20 countries and the expanded New York office will complement existing offices in Chicago, Hong Kong, Singapore, Belfast and London. The new Midtown office will allow for growth within Options’ engineering, account management and sales teams as well as the U.S. arm of Options’ 24/7, global support team.

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This latest office expansion follows an extensive period of growth for the company in the U.S., which has seen the firm acquire the New York-based hedge fund consultancy firm, Jake Roy Pillar, in addition to a number of high-profile client wins.

Options CEO, Nigel Kneafsey, commented, “The new Midtown office will allow us to grow our U.S. footprint and expand the hugely talented team we already have in place in New York. The bigger space will see the U.S. team grow to over 50 people in early 2016, while ensuring we have the capacity to continue to attract and hire the top financial technology talent in New York. As we continue to scale globally, our key focus is on improving and fine-tuning our high-touch, highly personalised customer engagement and support model. To that end, this new location will ensure our sales, engineering and support teams have a fantastic base from which to support all our clients, right across the U.S.”

ENDS.

About Options (www.options-it.com):

Options is the leading managed service and IT infrastructure products provider to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector. Today over 200 firms globally leverage the Options platform, including the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.

For more on Options, please visit www.options-it.com, follow us on Twitter at @Options_IT and visit our LinkedIn page.

Options harnesses their platform to deliver four managed service solutions:

Managed Platform: Core

Essential business technology from email and office applications to phones and tablets

Managed Applications: Momentum

Hosting and management of the applications that run your business, front office to back

Managed Co-Location: Velocity

Low latency trading, FIX connectivity, market data and computing infrastructure

Options Advisory

Industry-leading experts in Advent Geneva, Advent APX, Advent Axys, Tradar Insight and Sungard VPM®.

 

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Press Contact:

Kieran O’Connor

+44 20 7070 5129

Kieran.OConnor@options-it.com