Options and Systemathics Elevate Trading Firms with Market Data Solution

Tuesday, 05/12/2023 | 16:04 GMT by Tareq Sikder
  • The collaboration aims to provide access to historical and real-time normalized tick data.
  • Earlier, Options Technology launched a trading network called StrataNet.
options

Options Technology, a provider of capital markets services, has announced a strategic partnership with Systemathics, a solutions provider in the asset management and algorithmic trading sector.

Systemathics' Algorithmic Trading Solutions Integrated into Options' Ecosystem

This collaboration is poised to deliver customers access to both historical and real-time normalized tick data, complemented by Systemathics' back-testing suite and automation capabilities. Options' technology stack, already in use, processes and disseminates normalized and historical tick data globally, offering access to market data across multiple asset classes.

Danny Moore, President and CEO of Options
Danny Moore, President and CEO, Options, Source: LinkedIn

The announcement follows Options' integration with Activ Financial and the consolidation of global market data sources. This integration, combined with hosted trading infrastructure and direct connectivity to counterparts in the broader capital markets ecosystem, enhances Options' position as a facilitator of trading across numerous global venues.

Options Technology was founded in 1993 as a hedge fund technology services provider. Today, the company offers trading infrastructure and cloud-enabled managed services to over 550 firms globally. In 2019, Options received a substantial investment from Abry Partners, a Boston-based private equity firm, accelerating its growth strategy and technology platform development.

Danny Moore, the President and CEO of Options, stated: "Our commitment to providing top-notch resiliency and security, coupled with a comprehensive, multi-asset class data solution, sets the stage for innovation in the capital markets. Leveraging Systemathics' proprietary execution and automation capabilities marks a milestone in revolutionizing the accessibility and utilization of market data."

David Denis, CTO at Systemathics
David Denis, CTO, Systemathics, Source: LinkedIn

Established in 2008, Systemathics is a French fintech firm that specializes in providing end-to-end solutions to global investors for systematic alpha generation. Their services encompass data analysis, back-testing, risk assessment, signal generation, and day-to-day execution in production.

David Denis, the CTO at Systemathics, added: "Systemathics is excited to integrate our innovative solutions into Options' ecosystem, bringing state-of-the-art algorithmic trading and market data processing. Our robust and automated tools empower customers to capture, normalize, store, and analyze massive datasets, facilitating best-in-class data science, back-testing, and stress-testing."

Options Unveils StrataNet

Finance Magnates reported earlier that Options Technology had launched StrataNet, a new global trading network. This platform aims to provide traders with access to liquidity centers for market data and order entry services. StrataNet offers high-capacity 100Gb connectivity for low-latency data, allowing traders to choose between dedicated or shared hosting solutions.

It further provides low-latency Layer 1 connectivity for real-time and historical market data. Moore emphasized the platform's commitment to speed, stability, and resilience, crucial for trading firms navigating the financial landscape.

Options Technology, a provider of capital markets services, has announced a strategic partnership with Systemathics, a solutions provider in the asset management and algorithmic trading sector.

Systemathics' Algorithmic Trading Solutions Integrated into Options' Ecosystem

This collaboration is poised to deliver customers access to both historical and real-time normalized tick data, complemented by Systemathics' back-testing suite and automation capabilities. Options' technology stack, already in use, processes and disseminates normalized and historical tick data globally, offering access to market data across multiple asset classes.

Danny Moore, President and CEO of Options
Danny Moore, President and CEO, Options, Source: LinkedIn

The announcement follows Options' integration with Activ Financial and the consolidation of global market data sources. This integration, combined with hosted trading infrastructure and direct connectivity to counterparts in the broader capital markets ecosystem, enhances Options' position as a facilitator of trading across numerous global venues.

Options Technology was founded in 1993 as a hedge fund technology services provider. Today, the company offers trading infrastructure and cloud-enabled managed services to over 550 firms globally. In 2019, Options received a substantial investment from Abry Partners, a Boston-based private equity firm, accelerating its growth strategy and technology platform development.

Danny Moore, the President and CEO of Options, stated: "Our commitment to providing top-notch resiliency and security, coupled with a comprehensive, multi-asset class data solution, sets the stage for innovation in the capital markets. Leveraging Systemathics' proprietary execution and automation capabilities marks a milestone in revolutionizing the accessibility and utilization of market data."

David Denis, CTO at Systemathics
David Denis, CTO, Systemathics, Source: LinkedIn

Established in 2008, Systemathics is a French fintech firm that specializes in providing end-to-end solutions to global investors for systematic alpha generation. Their services encompass data analysis, back-testing, risk assessment, signal generation, and day-to-day execution in production.

David Denis, the CTO at Systemathics, added: "Systemathics is excited to integrate our innovative solutions into Options' ecosystem, bringing state-of-the-art algorithmic trading and market data processing. Our robust and automated tools empower customers to capture, normalize, store, and analyze massive datasets, facilitating best-in-class data science, back-testing, and stress-testing."

Options Unveils StrataNet

Finance Magnates reported earlier that Options Technology had launched StrataNet, a new global trading network. This platform aims to provide traders with access to liquidity centers for market data and order entry services. StrataNet offers high-capacity 100Gb connectivity for low-latency data, allowing traders to choose between dedicated or shared hosting solutions.

It further provides low-latency Layer 1 connectivity for real-time and historical market data. Moore emphasized the platform's commitment to speed, stability, and resilience, crucial for trading firms navigating the financial landscape.

About the Author: Tareq Sikder
Tareq Sikder
  • 1124 Articles
  • 14 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1124 Articles
  • 14 Followers

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