New York – January 19th, 2016 - Options, the leading managed service and IT infrastructure provider to the global capital markets, and GoldenSource, the innovator of enterprise data management solutions (EDM), have today announced a partnership to offer a fully managed solution as a joint offering to clients seeking to improve their enterprise data management (EDM) capabilities. Today’s announcement follows the recent deployment of the combined solution with a leading, New York based investment and wealth management firm.
The deal, which further underlines GoldenSource and Options’ positions as leaders in the provision of managed services, hosting and data management solutions, will see Options deliver a fully managed, end-to-end application and hosting platform to clients leveraging GoldenSource’s widely adopted suite of multi domain data management products and services.
GoldenSource’s EDM solution provides benefit to firms across the investment management, alternate investment and capital markets sectors. These benefits include the ability to quickly take advantage of new business opportunities, manage risks, comply with regulatory requirements and control costs by providing a data management suite that ensures critical data is complete, clean and consistent.
Options’ managed application and hosting solution, Momentum, combines a global platform, for hosting dozens of customer proprietary applications, with a standardised full service solution for the delivery of the leading financial systems spanning the front, middle and back-office. Momentum is a fully resilient and secure platform with 24x7 follow-the-sun support, customised monitoring and reporting and full disaster recovery.
John H. Eley, GoldenSource CEO, commented, “The partnership is pivotal to addressing the changing landscape of data management and financial services technology. This partnership enables us to extend the reach of our highly successful managed service, GoldenSource OnDemand. We support firms seeking new operating models to efficiently respond to the explosion in data volumes, quickly seize new business opportunities and meet their regulatory mandates.“
Nigel Kneafsey, Options Founder and CEO, added, “This is a key strategic partnership for our Momentum business in that it further positions Options as the market leader in the management and hosting of business critical financial applications. It will uniquely complement our existing partnerships given the increased regulatory requirements on the financial community to employ an EDM solution. We are delighted to be working with the GoldenSource team and are excited to be bringing this joint offering to the marketplace.”
About Options (www.options-it.com):
Options is the leading managed service and IT infrastructure products provider to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector. Today over 200 firms globally leverage the Options platform, including the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.
For more on Options, please visit www.options-it.com, follow us on Twitter at @Options_IT and visit our LinkedIn page.
Options harnesses their platform to deliver four managed service solutions:
Managed Platform: Core
Essential business technology from email and office applications to phones and tablets
Managed Applications: Momentum
Hosting and management of the applications that run your business, front office to back
Managed Co-Location: Velocity
Low latency trading, FIX connectivity, market data and computing infrastructure
Industry-leading experts in Advent Geneva, Advent APX, Advent Axys, Tradar Insight and Sungard VPM®.
Options Press Contact:
+44 20 7070 5156
About GoldenSource (www.thegoldensource.com):
GoldenSource’s software, services and expertise enable firms in the financial markets to manage risks, comply with regulatory requirements, and control costs in the middle and back office with a trusted source of complete, consistent information. Its products source, standardise, validate and deliver mission critical market, reference, customer, position and transaction data to the people and systems that need it, such as trading, compliance, risk management, settlements, and accounting. GoldenSource provides automated, enterprise-level processing delivered through a single hosted or on-premise platform, to achieve the highest levels of data quality and operational efficiency.
For more information, visit: www.thegoldensource.com
For more information contact:
John Merve, Aspectus
+44 20 7242 8867