Options Partners With Security Analytics Specialist Observable Networks

Options Partners With Security Analytics Specialist Observable Networks

New York – February 4, 2016 – Options, the leading managed service and IT infrastructure provider to the global capital markets industry, has today announced it has partnered with Observable Networks, the security analytics specialist, to provide dynamic endpoint modeling for client networks as part of its managed security offering. Observable’s Dynamic Endpoint Modeling analyses all network endpoint devices in order to help identify early-stage indicators of suspicious behaviour and potential security vulnerabilities.

Observable Networks, is an emerging leader of network security technology and advanced threat detection services that identify compromised and misused networked devices currently escaping detection by network security tools. Observable’s endpoint modeling technology includes a cloud-based service platform incorporating automated security analytics and real-time traffic sensors to continuously model all devices on networks of any size, all the time.

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The partnership has already seen the Observable solution deployed with three global hedge funds currently leveraging Options’ managed technology platform, Core. Core is a completely outsourced business technology solution, encompassing all aspects of financial sector technology that provides a robust and resilient technology foundation. The fully managed platform blends security, regulatory compliance, business communication and best practice cloud, desktop and mobile technology.

Bryan Doerr, Observable Networks CEO, also added, “We are excited to be part of Options’ managed platform solution. As network threats have continued to evolve and technology trends like encryption continue to make legacy network security solutions obsolete, it is imperative for IT infrastructure managers and solution providers to invest their solutions with modern security capabilities. In choosing Observable’s endpoint modelling, Options is making a commitment to its customers to provide great security alongside the other great services available via their managed platform offering.”

Nigel Kneafsey, Options founder and CEO commented, “Options has been delivering financial technology as a service for more than 20 years. Our platform has evolved alongside the needs of our clients and this is particularly true in the case of network security. As such, we continue to invest in the leading security-related technologies in order to provide client firms with bulletproof, enterprise-grade infrastructure. As we enter 2016, the issue of cybersecurity continues to loom large for CTOs right across the sector and the partnership with Observable is just another example of our efforts to provide continued peace of mind to our clients.”

ENDS.

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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

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

About Observable Networks (www.observable.net):

Observable Networks, Inc. is an emerging leader of network security technology and advanced threat detection services that identify compromised and misused networked devices currently escaping detection by network security tools. Observable’s endpoint modeling technology includes a cloud-based service platform incorporating automated security analytics and real-time traffic sensors to continuously model all devices on networks of any size, all the time. Endpoint modeling is indifferent to encryption and does not use threat signatures. Observable empowers organizations to readily understand normal and abnormal device behaviors in their networks, helping them to identify compromised devices and facilitate faster remediation. Observable Networks is a privately held company headquartered in St. Louis, MO. For more information, please visit http://www.observable.net/

Press Contact:

Kieran O’Connor
+44 20 7070 5129
Kieran.OConnor@options-it.com