Options announces new five-year investment in Pure Storage
Capital markets services provider Options Technology and Pure Storage (NYSE:PSTG), an IT pioneer that delivers advanced data storage technology and services, today announced a new five-year investment to provide faster, cost-effective access to market data and rapid global deployment of services.
In addition to optimising its storage solutions and doubling its petabyte-scale business in less than four years, Options’ extended partnership with Pure Storage will include a global roll-out of services, with deployments underway in Hong Kong, Singapore, Canada, South Africa, and Australia.
With an expanded investment in Pure Storage’s portfolio, including FlashBlade//S, the FlashArray product line, and Portworx, supported by Pure’s SLA-driven storage as-a-service offering, Evergreen//One, and its AIOps management platform, Pure1, Options ensures the performance, agility, efficiency, and data security of its Data Platform.
This strategic expansion aims to provide steadfast support for cutting-edge artificial intelligence and machine learning initiatives within Options’ Data Platform, reinforcing the firm’s position as an industry leader poised for innovation and growth.
Danny Moore, President and CEO, Options Technology, commented:
“Our continued partnership and investment in Pure Storage is a truly monumental leap in revolutionising 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.
This collaboration cements our firm commitment to innovation and growth, not only transforming how the financial markets understand, leverage, and harness data, but also setting new standards for excellence as the industry’s partner of choice for market data and infrastructure.”
Alex McMullan, CTO, International at Pure Storage added:
“In the fast-paced financial services industry, timely access to accurate data isn’t just a competitive advantage; it’s the heartbeat of success. When data becomes instantly accessible, it becomes a catalyst for informed decisions that support long-term results for end users. We’re proud and privileged to support the Options Data Platform with our robust portfolio of technologies and solutions to deliver high performance data services to capital markets organizations everywhere.”
Today’s news comes as the latest in a series of exciting developments for Options Technology, including its announcement of 100Gb ultra-low latency connectivity via StrataNet, its global delivery and seamless 100Gb OPRA data feed migrations and its partnership with Raptor Trading Systems.