Options Technology has opened a second London office at 100 Bishopsgate, expanding its physical presence in the heart of the City’s financial district. The new office complements the firm’s existing Pall Mall location and is designed to support growing demand from sell-side clients and technology partners based in the area.
Samuel Farmer, Senior Vice President and Managing Director for EMEA, highlights that the move forms part of a wider strategy to increase face-to-face engagement with key clients. “The primary focus of the new office is to expand our front-of-house presence and access to a rapidly growing client base in the City,” he tells TradingTech Insight. “It will house a mix of technical operations, sales engineering and account management, with the main objective of increasing valuable face-to-face time with our clients and partners.”
The timing of the expansion, Farmer notes, reflects both sustained growth and a strategic shift in client geography. “Following our recent investment from Vitruvian Partners in September last year, we are moving forward with several key initiatives to drive growth. The new office forms part of that strategy.”
While the Pall Mall office will continue to serve Options’ buy-side and private equity clients, the new Bishopsgate location will focus on strengthening relationships with the firm’s sell-side customer base. The proximity to clients was a key factor in the decision, particularly in light of post-pandemic trends. “Since Covid we have seen a number of high-profile moves from Canary Wharf, with new offices being spun up in the City,” says Farmer. “Creating an environment where both our front-of-house and engineering teams can drop in at short notice is a core part of our strategy.”
Staffing for the new location will involve a combination of local hiring and internal relocation from Options’ Belfast headquarters, says Farmer. “We already have a significant number of staff relocated from Belfast across the globe, and London is a key part of this strategy,” he explains. A major recruitment drive is currently underway, with a particular focus on account management and sales functions to support the firm’s continued growth in the region.
The Bishopsgate office is the latest in a series of global expansions for Options, following recent openings in Chicago, Hong Kong, Dubai and Sydney. These moves collectively support the company’s aim of delivering high-performance managed services, low-latency infrastructure, and 24/7 support to capital markets clients worldwide.
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