Options renews partnership with Pure Storage for faster, cost-effective access to market data
“Our continued partnership and investment in Pure Storage is a truly monumental leap in revolutionizing data services for the global capital markets. With our strategic alliance, we are poised to deliver faster access to market data and unlock deeper data insights for our clients in emerging markets, enabling them to navigate the ever-evolving landscape with unprecedented precision and agility.”
Options Technology, a leading Capital Markets services provider, has announced the signing of a new 5-year partnership with IT pioneer Pure Storage.
The five-year investment aims to offer faster, cost-effective access to market data and expedite the global deployment of services, including in emerging markets such as Hong Kong, Singapore, Canada, South Africa, and Australia.
Faster access to market data and deeper data insights in emerging markets
Options Technology has been on a fast growth trajectory, doubling its petabyte-scale business in under four years. Its extended partnership with Pure Storage will focus on optimizing storage solutions and rolling out a range of services globally.
Danny Moore, President and CEO of Options Technology, expressed the company’s vision: “Our continued partnership and investment in Pure Storage is a truly monumental leap in revolutionizing data services for the global capital markets. With our strategic alliance, we are poised to deliver faster access to market data and unlock deeper data insights for our clients in emerging markets, enabling them to navigate the ever-evolving landscape with unprecedented precision and agility.”
Timely access to accurate data isn’t just a competitive advantage; it’s the heartbeat of success
The collaboration will leverage Pure Storage’s extensive portfolio, including its FlashBlade and FlashArray product lines and Portworx, supported by Pure’s SLA-driven storage-as-a-service offering, Evergreen//One, and its AIOps management platform, Pure1. This will bolster the performance, agility, efficiency, and data security of Options’ Data Platform.
Alex McMullan, CTO, International at Pure Storage, emphasized the industry implications: “In the fast-paced financial services industry, timely access to accurate data isn’t just a competitive advantage; it’s the heartbeat of success. We’re proud and privileged to support the Options Data Platform with our robust portfolio of technologies and solutions.”
The strategic expansion is set to provide robust support for cutting-edge artificial intelligence and machine learning initiatives within Options’ Data Platform, further cementing the firm’s position as an industry leader in innovation and growth.
This announcement is the latest in a series of exciting developments for Options Technology, which recently revealed its ultra-low latency connectivity via StrataNet, seamless 100Gb OPRA data feed migrations, and a partnership with Raptor Trading Systems.
