Billionaire philanthropic fund taps Options Technology to address risk of cyber threats

Rick Steves

“At Options, we’ve made it our mission to provide customers with a fully comprehensive technology stack that eliminates the dependency on costly integration systems. This, alongside our global connectivity infrastructure and an ecosystem of best-in-class cloud-agnostic solutions, is what makes Options the industry’s IT managed services provider of choice.”

Options Technology has announced a partnership with The James Irvine Foundation following a successful integration of services to provide enterprise-grade infrastructure alongside the integration of outsourced technology solutions for Managed Platform, Cloud, Hosting, Security and Compliance.

The James Irvine Foundation is a Californian philanthropic non-profit organization with a $3.2 billion endowment, which provided $187 million in grants in 2022 toward the economic advancement of low-wage workers in California.

“A solid security infrastructure was critical to protect our staff and operations”

Danny Moore, President and CEO of Options, said: “At Options, we’ve made it our mission to provide customers with a fully comprehensive technology stack that eliminates the dependency on costly integration systems. This, alongside our global connectivity infrastructure and an ecosystem of best-in-class cloud-agnostic solutions, is what makes Options the industry’s IT managed services provider of choice.”

Renee Roux, Director of Technology for The James Irvine Foundation, said; “Irvine realized, after a comprehensive cybersecurity audit and with the increasing risk of cyber threats, that having a solid security infrastructure was critical to protect our staff and operations. Our migration to Options for both service and support was a strategic decision to do just that.”

The news comes as the latest in a series of developments for Options Technology, including its global market data expansion, VMware Cloud Verified Status in MTL4, and the launch of its Quantify and Data Store products.

Options expanded global market data offering

Options has recently expanded its global market data offering following the onboarding of MEMX, NYSE National Integrated, Cboe BYX, and Cboe One Premium to its normalized market data services.

The firm’s enhanced market data feeds, which now includes include MEMX, NYSE National Integrated, Cboe BYX, and Cboe One Premium, provide normalized data customers with additional US Equities’ depth alongside expanded support and connectivity for CEDX, CSE2, ODX, PSE and others on demand.

The market data expansion the firm’s acquisition of ACTIV Financial and the subsequent integration of its normalised data services and API.

Clients are now provided with consolidated access to global market data sources across multiple asset classes, alongside hosted trading infrastructure and direct connectivity to counterparties in the wider capital markets ecosystem.

Options Technology facilitates trading at hundreds of venues worldwide with fully managed infrastructure and connectivity available in conjunction with the firm’s private financial cloud services which combine hosting with direct market access, TCO reduction, and best-in-class resiliency and security.

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