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Options Technology Empowers Tools for Humanity's Global Expansion

Gracie Gottlieb | 4 October, 2023

In a groundbreaking partnership, Options Technology, the leading provider of cloud-enabled managed services, market data, and IT infrastructure solutions, has joined forces with Tools for Humanity, a core contributor to the Worldcoin project. As Tools for Humanity expanded its services globally, Options Technology's integrated solutions played a vital role in supporting their growth.

Options Technology provided Tools for Humanity with its Integrated Cloud and Integrated Desktop solutions, accompanied by a robust portfolio of Managed Security offerings. These tools helped Tools for Humanity navigate common challenges associated with expansion and adapt to the ever-changing demands of the cryptocurrency realm.

The Integrated Cloud solutions by Options Technology offered Tools for Humanity a highly scalable and customizable cloud environment. This enabled the organization to adjust resources and capacity in real-time, effortlessly accommodating spikes in user activity without compromising performance or reliability.

Danny Moore, the President and CEO of Options Technology, expressed his delight in partnering with Tools for Humanity. He highlighted the scalability and security of Options' integrated solutions as instrumental in fueling Tools for Humanity's remarkable success. Moore also expressed his excitement about future collaborations with Tools for Humanity as they continue to lead the way in the cryptocurrency industry.

This partnership between Options Technology and Tools for Humanity is just one of the recent exciting developments for Options. The company recently achieved Microsoft Solutions Partner status for Modern Work, bolstering its digital transformation capabilities. Furthermore, Options announced the creation of 200 jobs in Belfast, expanding its flagship office. The company also forged a strategic partnership with valantic FSA to revolutionize global infrastructure and cloud solutions.

Options Technology has been a prominent player in the financial services industry since its inception in 1993. Initially providing technology services to hedge funds, the firm now offers high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms worldwide. Their clientele includes leading global investment banks, hedge funds, market makers, and exchanges.

In 2019, Options Technology received a significant growth investment from Abry Partners, a Boston-based private equity firm. This investment has empowered Options to accelerate its growth strategy and expand its technology platform, while also extending its reach in key financial centers globally.

Options Technology's consistent growth and success have been recognized in the UK's leading growth companies list by the Sunday Times HSBC International Track 200. The firm has secured a reputation for providing agile, scalable, and secure solutions to its clients worldwide.

For more information about Options Technology and their offerings, please visit their website at www.options-it.com. Stay updated by following them on Twitter at @Options_IT and visiting their LinkedIn page.

About Abry Partners:

Abry Partners is a highly experienced and successful sector-focused private equity investment firm based in North America. With a history dating back to 1989, Abry Partners has completed over $82 billion worth of leveraged transactions and other private equity placements. The firm currently manages over $5.0 billion of capital across its active funds.

About Tools for Humanity:

Tools for Humanity (TFH) is a global technology company established to drive the transition towards a more just economic system. As a core contributor to the Worldcoin project, TFH played a vital role in its development and operates the World App. However, TFH is an independent organization with no affiliation or governance ties to the Worldcoin Foundation. TFH will continue to develop essential tools that support Worldcoin and further advancements in the industry. The company is headquartered in San Francisco, California, and for updates and information, follow Tools for Humanity on Twitter.

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