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Options Partners with Pure, Leverages Pure as-a-Service to deliver all-NVMe, all Flash Cloud

January 29, 2020 GMT

NEW YORK & LONDON--(BUSINESS WIRE)--Jan 29, 2020--

Options, the leading provider of cloud-enabled managed services to the global financial markets, today announced that it has collaborated with Pure Storage to become the first managed service provider (MSP) to deliver all-NVMe, all-flash cloud to all capital markets.

Built exclusively on Storage-as-a-Service (STaaS) infrastructure from Pure Storage, this new solution allows Options’ customers to reliably store data at scale and access the information instantly across its global financial network. Customers can also more effectively deploy containerized environments, large-scale datasets and other low-latency applications.

Options’ Pure as-a-Service deployment will be integrated into the firm’s enterprise-grade network, comprised of 40+ data center sites worldwide. The first deployment of its kind, the solution offers fully optimized accessibility, intra-regional replication, and enhanced performance standards, outclassing precursory data storage solutions.

As one of the fastest-growing enterprise IT companies in history and one of the world’s leading data storage providers, Pure develops flash-based, enterprise-class, storage products and storage-as-a-service to deliver a modern data experience for customers. The Pure as-a-Service platform includes block, file and object storage services, available on-premises, in co-located/hosted environments or within the public cloud, and all backed by an advanced management framework using artificial intelligence and machine learning.

Options’ VP Head of Infrastructure, James Laming commented, “Our collaboration with Pure represents a step change in how Options delivers storage services for its clients and partners. The petascale implementation of all-flash Pure as-a-Service over Options’ robust global financial network dramatically increases our ability to meet the demanding uptime and performance SLAs of our customers in capital markets. Our combined and continued focus on delivering world-leading services will undoubtedly enhance and inform how the financial markets understand, leverage, and consume data.”

Options’ VP Product Development, Michael Russo added, “Given the performance, availability, and durability underpinning it, Options’ collaboration with Pure demonstrates a significant milestone for our managed data storage service. With an initial multi-regional launch across 13 Options data centers, Pure’s full suite of storage is now available over our global network backbone and will provide clients with unrivalled storage performance and replication capabilities. With enhancements to machine learning and increases in processing performance, organizations now require an equally optimised, cost-effective way in which to rapidly store, recall and configure their data. Options’ data storage solution will be transformational, offering clients a departure from costly, antiquated data storage providers and vendors.”

“For large and legacy-style big data applications, there is a direct and significant correlation between application value and the performance of underlying storage,” said Rob Walters, General Manager for Pure as-a-Service, Pure Storage. “With best-in-class, all-NVMe Storage-as-a-Service from Pure Storage, Options can provide customers with an architecture that dramatically improves performance across the entire application stack.”

Today’s announcement comes following recent news of Options’ growth investment from Abry Partners.

About Options ( www.options-it.com ):

Options Technology is the leading provider of cloud-enabled managed services to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. Today over 200 firms globally leverage our award-winning front to back office managed infrastructure: Managed Platform, Managed Colocation, Managed Applications and technology consultancy services. 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.

Options was named among the UK’s leading growth companies in the 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 Pure Storage ( www.purestorage.com )

Pure Storage, the market’s leading independent solid-state array vendor, enables the broad deployment of flash in the data center. The company’s all-flash enterprise arrays offer significant performance and efficiency gains over mechanical disk, at a lower price point per gigabyte stored. Pure Storage FlashArrays are ideal for performance-intensive applications, including server virtualization and consolidation, VDI, OLTP database, real-time analytics and cloud computing. To learn more, visit: www.purestorage.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200129005391/en/

CONTACT: Options Press Contact: Niall McAleer

Email:niall.mcaleer@options-it.com

KEYWORD: EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: DATA MANAGEMENT CONSUMER ELECTRONICS MOBILE/WIRELESS TECHNOLOGY SOFTWARE

SOURCE: Options Technology

Copyright Business Wire 2020.

PUB: 01/29/2020 07:06 AM/DISC: 01/29/2020 07:06 AM

http://www.businesswire.com/news/home/20200129005391/en