Options Technology, the leading provider of cloud-enabled managed services to the global financial sector, announced its strategic partnership with OneMarketData and its flagship OneTick platform.
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“We are delighted to partner with OneTick and leverage our extensive expertise in cloud hosting and market data. This collaboration aligns with our mission to cultivate innovative solutions for our clients across the capital markets, providing unparalleled insights and enabling informed trading decisions in real-time.”
Options will enable OneTick subscribers to access its vast repository of market data, including Equities, FX, Futures, Options, and Fixed I***** data, as well as advanced market data analytics tools. Together, the two companies will create a cloud-deployed, fully managed market data analytics platform to deliver cost-effective and enhanced trading outcomes for clients.
As part of this partnership, Activ, Options’ market data division, will oversee the management and hosting of the shared AWS East environment. The collaboration will provide subscribers with a robust infrastructure that meets the highest industry standards for performance, security, and scalability.
This integrative offering will also benefit Quantitative applications alongside Activ’s extensive Global Market data assets, coupled with integrated corporate actions and reference data linked to over 10 years of historical data.
Options’ President and CEO, Danny Moore, commented, “We are delighted to partner with OneTick and leverage our extensive expertise in cloud hosting and market data. This collaboration aligns with our mission to cultivate innovative solutions for our clients across the capital markets, providing unparalleled insights and enabling informed trading decisions in real-time.”
Jeff Banker, OneMarketData’s SVP Market Development, added, “The combination of OneTick’s performance, speed, and functionality with Options’ extensive market data creates a unique service with cost-effective access to a broad set of real-time and curated historical tick data stored within the OneTick platform. Clients can seamlessly access the offering through a variety of API’s such as Python to benefit from the high-performance analytics they need to develop and measure their trading strategies.”
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This partnership exemplifies Options’ dedication to fostering innovation while empowering OneTick to continue its mission of providing cutting-edge analytics solutions to capital market professionals.
Today’s news comes as the latest in a series of exciting announcements for Options, including the promotion of Laura McCann to CFO, its fifth Microsoft Solutions Partner status for Digital and App Innovation (Azure), and its 30-year company milestone.
In 2019, Options received investment from Boston-based private equity firm Abry Partners. This investment enabled Options to accelerate its growth strategy and develop its technology platform while expanding its global reach in key financial centres.
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