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

TXSE Selects Exegy FPGA Technology for Market Data Infrastructure

The Texas Stock Exchange (TXSE) has selected Exegy to provide FPGA-based market data feed handlers as part of its launch infrastructure. TXSE is positioning itself as the first fully integrated U.S. equities exchange built from scratch in more than 25 years. As part of that ground-up approach, the venue has opted to deploy FPGA technology...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...