Options Announce Expansion to Canada with Toronto Office Opening

·3 min read

TORONTO & NEW YORK & LONDON, September 28, 2021--(BUSINESS WIRE)--Options, the leading provider of managed trading infrastructure and connectivity to the global Capital Markets, has today announced the opening of a Toronto office.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210928005582/en/

(Graphic: Business Wire)

As Options continues to increase its client base across Canada, locating in Toronto provides a strong foothold for the company to develop and deepen its support for clients across regional Canadian markets.

To manage Toronto operations, Robert Strawbridge was appointed as the Options’ VP Head of Canada late last year, bringing with him over a decade of experience working with numerous foreign exchange technologies and e-Trading platforms. As a former Scotiabank executive, Robert is well-positioned to support Options clients on the ground. In addition to client support, he is responsible for the expansion of Options' client base alongside the management and recruitment of staff in the region.

Danny Moore, Options’ President, and CEO explained, "Options has experienced a period of exponential growth on our platform over the past number of years, including double-digit growth across our Managed Colocation business. Toronto is known for its deep talent market and having worked with clients in the Toronto region for many years now, it was clear to us that this innovative, vibrant city was the obvious place for our next office opening."

Toronto Mayor, John Tory added, "The Toronto Region has emerged as a North American leader in the convergence of financial services and technology. International businesses are choosing to invest in the region, leveraging the fastest-growing tech talent pool in North America. I’m thrilled that Options will call Toronto home, with one of the most educated and diverse workforces in the world – creating jobs for our talented residents and contributing to regional economic recovery and growth."

Today’s news marks the latest in a string of announcements for Options, including the acquisition of Fixnetix, their partnership with Packets2Disk to provide Market-Leading Network Analytics, and a decade of SOC compliance.

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.

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 200 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 New Zealand, Options are well placed to service their customers both 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 U.K.’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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210928005582/en/

Contacts

Page McLaughlin
page.mclaughlin@options-it.com

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