Options Technology Achieves Ultra-Low Latency Milestone with Full Deployment of JPX Layer 1 Offering
Gracie Gottlieb | 23 January, 2024
London, New York, Hong Kong - Options Technology, a leading infrastructure and market data provider, has announced the successful deployment of JPX's latest Layer 1 Multicast offering. This achievement marks a significant milestone in Options' commitment to delivering cutting-edge technology solutions to its clients.
By leveraging JPX's Layer 1 Multicast service and network upgrade, Options has achieved an industry-leading reduction in latency for TSE and OSE market data. This reinforces Options' position as the leading provider of high-performance infrastructure for financial institutions.
The deployment of JPX's Layer 1 offering allows Options to provide its clients with ultra-low latency data, giving them a competitive edge in the market. This achievement comes after a series of new market additions and the integration of ActivFeed, which provides clients with consolidated access to global market data sources across multiple asset classes.
Options' fully managed infrastructure and connectivity solution is complemented by its integrated cloud services. This combination of hosting capabilities and direct market access results in reduced total cost of ownership and industry-led resiliency, along with SOC accredited security.
Danny Moore, President and CEO of Options Technology, expressed his delight at the successful deployment, stating, "This initiative reinforces Options' commitment to delivering the fastest and most reliable market data for our clients. It showcases the strong synergies between Options and JPX offerings."
This achievement is just one of many exciting developments for Options Technology. The company has recently partnered with CSE and OneTick, further expanding its global market connectivity and analytics platform. Additionally, it promoted Laura McCann to Chief Financial Officer and achieved Fifth Microsoft Solutions Partner status, affirming its global leadership in cloud solutions.
Options received a significant growth investment from Abry Partners, a Boston-based private equity firm, in 2019. This investment has allowed Options to accelerate its growth strategy, develop its technology platform, and expand its reach in key financial centers worldwide.
About Options Technology:
Options Technology is the leading provider of IT infrastructure to global capital markets firms. Founded in 1993, the company offers high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally. Options' clients include investment banks, hedge funds, proprietary trading firms, and exchanges. With offices in 10 cities worldwide, Options is well-positioned to serve its customers both on-site and remotely.
For more information about Options Technology, please visit www.options-it.com.
About Abry Partners:
Abry Partners is a sector-focused private equity investment firm with a successful track record in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity placements. Abry currently manages over $5.0 billion of capital across its active funds.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice.
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