Options Technology, the leading provider of cloud-enabled trading infrastructure to the global capital markets, and Code Willing, experts in financial data management, today announced the launch of end-to-end data platform products “Options Data Store” and “Quantify”.
Latest ITechnology News: Buildings IOT Launches UK Operations to Help Building Stakeholders Support UK Government’s Goal to Reach Net-Zero by 2050
Options Data Store offers traders and researchers the ability to “try and buy” ready-to-use datasets without sourcing and storing large datasets. Data Store removes the complexity of capturing, normalising, and storing market data, enabling users to focus on alpha generation. Utilising a user-friendly GUI, data is made available in multiple formats, including ID mapped using a proprietary multi-asset security master.
The datasets are accompanied by information and relevant research; once a dataset has been selected, users can launch this directly in an embedded Jupyter Notebook or within Quantify, a high-performance compute environment, with the ability to query in multiple languages.
Quantify, the second of today’s announcements, securely layers a fully auditable and high-performance self-service compute environment on top of Options Data Store, providing an abundance of data through a converged enterprise service. Key features of this new product include granular file system-level data entitlements and built-in audit and budgeting toolsets. The solution also boasts multi-cloud capabilities, with the ability to direct compute jobs to the lowest-cost or most efficient environment based on available capacity.
As key additions to Options’ product portfolio, these solutions are underpinned by Options’ SOC compliant security services, with 24/7 follow-the-sun support and monitoring.
Latest ITechnology News: Hanshow Releases Its New IoT Platform, Elevating Retail Digitalization
Micah Kroeze, Options, SVP Product Management, commented, “Code Willing’s unique technology solutions and Options’ industry-leading infrastructure services have allowed us to address key industry pain points around data acquisition, trading strategy time to market, and enterprise data control. We are delighted to announce Options Data Store and Quantify and look forward to continuing to bring material value to our clients through our partnership with Code Willing.”
Baron Davis, CEO at Code Willing, added, “The partnership between Options and Code Willing is a real game-changer that will solve how data is absorbed, cleaned, and delivered across all cloud environments. Their incredible infrastructure and customer service, coupled with our high-end software solutions, make the perfect match. We are thrilled to be bringing these two revolutionary products to market as the next phase in our alliance.”
Today’s products are the output of the firm’s partnership announced last year.
This news comes as the latest in a series of strategic announcements for Options, including VMware Cloud Verified Status in LHC, hosting capabilities in Bergamo, and a fifth Microsoft Gold partner status in the communications competency.
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 whilst expanding its reach in key financial centres globally.
Latest ITechnology News: Gigamon Releases “2022 TLS Trends Research” Based on 1.3 Trillion Network Flows
[To share your insights with us, please write to sghosh@martechseries.com]
