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Options Technology

5th Floor 50 Pall Mall, London, St. James's, SW1Y 5JH, United Kingdom

Overview

Options Technology is a financial-technology company that provides banking and trading infrastructure and services across high-performance networking, cloud, security, AI, and market data. The firm serves institutional clients globally and maintains offices in New York, London, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Paris, and Auckland. Options has grown through acquisitions such as Fixnetix and Activ Financial, which helped establish its leadership in financial-technology services. With Vitruvian Partners’ new investment, the company intends to accelerate global expansion, scale operations, and continue product and service innovation. Management emphasizes leveraging the capital and strategic support to enhance offerings to financial institutions worldwide. Options provides cloud-enabled managed services and outsourced financial technology to the global capital markets, offering Managed Platform, Managed Colocation, Managed Applications and technology consultancy. Founded in 1993 as a hedge fund technology services provider, the firm now serves over 200 firms globally, including investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges. Options has close to 300 employees and maintains offices across the US, London, Belfast, Hong Kong, Singapore, Toronto, Dublin, Geneva and Auckland. The company plans to accelerate its growth strategy, pursue strategic M&A targets, invest further in its technology platform and expand its reach in key financial centers globally following the investment. No financial terms or revenue figures were disclosed in the announcement. Options was named among the UK’s leading growth companies in the Sunday Times HSBC International Track 200 league table in 2017–2019. Options provides cloud-enabled managed services and outsourced IT solutions to global capital markets and financial services firms, serving more than 200 firms including investment banks, hedge funds, and exchanges. The company was founded in 1993 and transitioned from hedge fund technology services to being an early provider of cloud services for financial firms. In recent years Options has grown rapidly: U.S. revenues more than doubled from 2014 to 2016 and staff increased from about 110 to close to 200. The firm has established a presence in London, New York, Belfast, Hong Kong, Singapore, Toronto, Dublin, Geneva, and the Caribbean. Management intends to use new capital to invest in people and technology, scale the platform, develop additional offerings, and expand Options’ reach in key financial centers. The company emphasizes a customer-centric engagement and support model as it scales.

Total raised
$100M
Funding rounds
3
Latest round
Equity
Latest activity
Aug 2017

Industries

  • Financial Services
  • IaaS
  • Information Services
  • Information Technology
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Recent funding

  1. Equity

    Aug 2017

    $100M

Team

  • Nigel Kneafsey

    Founder and Board Member

    LinkedIn
  • Jenni Sellick

    Vice President, Legal and Commercial Manager

    LinkedIn
  • Shaun Jackson

    Chief Commercial Officer

    LinkedIn
  • Scott Feagans

    Senior Vice President of Sales Engineering

    LinkedIn