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Classified in: Science and technology
Subject: Product/Service

Options Announce Successful Upgrade of its LD4 to TY3 Circuit


Options Technology, the leading Capital Markets services provider, today announced the successful upgrade of its LD4 to TY3 circuit.

The upgrade of the firm's London (LD4) to Tokyo (TY3) route has secured a significant reduction in latency along its path, from 148ms RTT (round trip time) to a best-in-class 141ms.

Clients across Options' global FX trading network immediately benefit from this reduction, directly and through Options' overall empowerment of the FX ecosystem. Options facilitates access to hundreds of exchanges and markets around the world, offering highly resilient and performant global connectivity services.

This further reduction in latency reaffirms Options' commitment to expanding its services with a host of newly available routes and latency profiles across the firm's global trading network. In addition to serving global FX clients, the upgrade will provide enhanced point-to-point connectivity capabilities with investment bank-grade security and monitoring.

Options President and CEO Danny Moore said, "Ensuring customers benefit from the fastest transaction times available is the cornerstone of our colocation business. The LD4 to TY3 upgrade, alongside the continued expansion of our global trading network, is yet another milestone for the team and a further demonstration of the service excellence, availability, and cutting-edge technology underpinning our growing portfolio of services."

Today's news comes as the latest in a series of strategic announcements for Options, including its additional VMware Cloud Verified and Microsoft Gold Partner achievements, hosting capabilities in Aruba IT3 Bergamo, and the launch of its Quantify and Data Store products.

In 2019, Options received investment from Boston-based Private Equity Firm Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform while expanding its global reach in key financial centres.

About Options (www.options-it.com):

Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.

Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.

Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely.

In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.

Options has been named among the UK's leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.

For more on Options, please visit www.options-it.com, follow us on Twitter at @Options_IT, and visit our LinkedIn page.

About Abry Partners (www.abry.com)

Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.


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News published on 10 august 2022 at 06:05 and distributed by: