Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a partnership with Quercus Technology Group, enabling cloud and application optimization services for industry-leading Tier 1 electronic trading applications and Capital Markets solutions.
The partnership creates a unique offering that combines domain knowledge and subject matter expertise across fully managed, cloud-agnostic environments and application-specific configuration, customization, and optimization. The resulting solution is one specifically designed to drive value through reduced time to market, minimized total cost of ownership, and maximized return on investment.
Options’ Senior Vice President, Tim Yockel said, “We’ve been providing the financial services industry with innovative technology solutions for close to three decades and have cloud-enabled hundreds of applications globally. Partnering with Quercus Technology Group takes our Managed Application offering one step further, tailoring services to enable clients to capitalize on reduced deployment time and bespoke application configuration.”
Quercus Technology Group UK’s Managing Partner, Geoff Price said, “Quercus Technology is a hybrid professional services company offering end to end strategic technology consulting within the electronic trading and vendor technology space covering the Capital Markets ecosystem. As a newly founded firm, we are delighted to announce our global partnership with Options as a key next step in our strategy. By partnering with Options, we can deliver on many exciting projects to enhance deployment methods from development to production environments right through to complete infrastructure transformations.”
Today’s news comes as the latest in a series of strategic announcements for Options, including their recognition as Managed Services Provider Partner of the Year in the Trend Micro Awards, attainment of VMware Cloud Verified Status, 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 centers globally. Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.
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 centers globally. Options have been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.
About Quercus Technology Group UK
Quercus is a hybrid professional services company offering end-to-end strategic technology consulting services within the eTrading / vendor tech space including the Capital Markets ecosystem. Founded in 2021 the firm also delivers senior hires in the comparatively youthful yet disruptive FinTech / Payments market. Quercus Technology Group UK specializes in understanding today’s competitive environment for technology talent in the eTrading space and employs a vast toolset to develop and provide a value-driven hybrid service to their clients. Projects range from research & analysis to deployment from development through to production environments.