About a-team Marketing Services
The knowledge platform for the financial technology industry
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: How to move to a modern, component based trading architecture using a Buy AND Build approach

To remain competitive in today’s electronic markets, firms need trading architectures that support rapid innovation, effortless integration of new capabilities, and the agility to respond to shifting market demands. This is prompting technology leaders to move beyond the traditional “Buy vs. Build” debate, a false dichotomy that oversimplifies the choice between generic, off-the-shelf platforms and...

BLOG

Citi and HSBC Back Adaptive as Banks Rethink the Foundations of Trading Infrastructure

Citi and HSBC have made a strategic investment in trading technology firm Adaptive, signalling growing momentum behind efforts by major financial institutions to modernise the infrastructure underpinning their electronic trading platforms. The investment comes as banks increasingly confront the challenge of evolving front-office technology environments that have developed over decades of incremental change. In practice,...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...