About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Options Sets Targets Following Investment from Private Equity Firm Abry Partners

Subscribe to our newsletter

Options Technology, a provider of cloud-enabled managed services, plans to accelerate growth strategy, pursue strategic M&A targets, invest in its technology platform and expand its reach to key global financial centres following ‘significant growth investment’ from Boston-based private equity firm Abry Partners. Details of the investment were not disclosed.

Founded in 1989, Abry is a media, communications, internet infrastructure, business and information services-focused private equity investment firm. Its investment in Options adds to a growing portfolio of companies in the managed services provider sector.

Tomer Yosef-Or, a partner at Abry, comments: “Abry believes the ever-changing IT landscape will provide multiple opportunities for Options to continue to expand its services and strengthen its partnerships with customers. We intend to use our capital and experience in the IT infrastructure and managed services space to help the Options team build a sophisticated, customer centric, global platform.”

Options, founded in 1993 as a hedge fund technology services provider, has expanded in recent years to become a provider of outsourced financial technology and managed IT services to global capital markets. The company has close to 300 employees globally and offices across the US, and in London, Belfast, Hong Kong, Singapore, Toronto, Dublin, Geneva and Auckland.

President and CEO of Options, Danny Moore, says: “Abry is a firm with a proven track record in partnering growth firms and propelling them to the next level. It is also a seasoned operator in the financial services and managed IT space and understands the opportunities within reach of firms offering cloud services. We look forward to working with Abry as we continue to deliver complex IT infrastructure, colocation services and specialised financial applications.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or strategies is no longer just an operational concern – it is a front-office differentiator and, increasingly,...

BLOG

MEMX Launches MX2 as Options Expansion Gathers Pace

MEMX Group has launched MX2 Options, its second US listed-options exchange, adding a customer-priority, pro-rata market model as the exchange operator continues to broaden its footprint in options and build towards its planned combination with BOX. MX2 began trading on 14 September, processing more than 1,500 contracts across an initial 10 symbols on its first...

EVENT

Alternative Data Conference Hong Kong

Following the success of the Alternative Data Conferences in NYC and London, A-Team Group is excited to announce the launch of the Alternative Data Conference Hong Kong!

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...