London / New York / Hong Kong – 13th June, 2023, Options Technology, the leading provider of cloud-enabled managed services to the global capital markets, today announced that Larry Leibowitz, an experienced capital markets and fintech entrepreneur, executive and advisor, has joined its esteemed Board of Advisors as an independent director.
Leibowitz brings extensive expertise in capital markets, trading technology, and market structure, further bolstering Options’ commitment to delivering innovative solutions for its global client base.
As a board member, Leibowitz will play a vital role in shaping the strategic direction of Options, providing valuable insights, and contributing to the company’s continued growth and success. His vast experience and deep understanding of the evolving financial landscape will be instrumental in guiding the company’s expansion plans and ensuring the delivery of cutting-edge technology solutions to its clients.
Leibowitz has a long and recognized track record in the industry, with over three decades of experience in senior leadership roles. Previously, he served as the Chief Operating Officer of NYSE Euronext, where he played a pivotal role in transforming the company into one of the world’s leading exchange groups. He has also held senior positions at prominent financial institutions, including UBS, Morgan Stanley, and Credit Suisse, and currently sits on the board and advises several fintech companies.
Danny Moore, President and CEO of Options Technology, commented, “We are delighted to welcome Larry Leibowitz to our board. His deep knowledge of the capital markets, fintech industry, and trading technology will be invaluable in our pursuit of delivering world-class solutions to our clients. Larry’s expertise will provide us with invaluable guidance as we continue to drive innovation and expand our product offerings. We are confident that his addition will further strengthen our position as the leading provider of infrastructure and market data to the global capital markets.”
Leibowitz commented on his appointment: “I am thrilled to join the Options board. The company has demonstrated exceptional growth and innovation, and I am excited to contribute to its future success. Options’ commitment to providing clients with robust and reliable technology solutions aligns with my own passion for advancing the industry. I look forward to working closely with the team and leveraging my experience to drive strategic initiatives and shape the future of financial technology.”
Today’s news comes as the latest in a series of exciting development for Options, including its partnership with ETD, its testing of OpenAI with real time market data in Azure and its achievement of Infrastructure Solutions Partner status with Microsoft.
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.
ENDS
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 550 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 Auckland, Options are well placed to service its customers 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 UK’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.
For further information, please contact:
Press Contact: Niall McAleer
Email: niall.mcaleer@options-it.com