Options Announce Partnership with Code Willing

Options Technology, the leading provider of global trading infrastructure to Capital Markets firms, today announced its partnership with Code Willing.

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Code Willing are experts in financial data management with extensive experience in cleaning, organizing, and cross-referencing financial data. This partnership combines Code Willing’s expert software capabilities with Options’ global network and industry-leading infrastructure, resulting in best-of-breed technologies and services for Options’ and Code Willing’s clients.

As an initial offering, Options and Code Willing are bringing to market a revolutionary new quantitative trading service intended to help clients better control and dramatically cut their data analysis costs. The solution simultaneously directs compute jobs to the lowest-cost or most performant environment based on spare capacity. It also provides a budgeting control overlay to enable clients to optimize their Options Cloud resource utilization. It is the industry’s first true multi-cloud compute solution, underpinned by Options’ ultra-high-performance infrastructure and security services, with 24/7 follow-the-sun support and monitoring. Renowned in the quantitative trading space, Quantbot Technologies were the first to trial the proof of concept.

Code Willing’s technology – ranging from file systems with granular file-based permissioning to high-performance raw data capture services – plays a key role in a number of unique new solutions for the financial services industry that Options will be bringing to market over the coming months, as we continue to build out our global financial ecosystem.

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Micah Kroeze, SVP Product Management for Options, commented, “Code Willing’s unique technology solutions address key pain points across the financial services industry, where runaway public cloud costs and substantial market fragmentation are having an ever-greater impact on our clients’ bottom lines. We are excited at the opportunities that working with Code Willing will present for both Options and our clients.”

Paul White, CEO at Quantbot, said, “The combined Code Willing and Options solution has allowed our developers, data scientists, and quant researchers to focus their efforts on alpha discovery and modeling rather than the logistics of cloud and data engineering. As a management team, we couldn’t be happier with the efficiencies realized by the toolset, and we are seeing significant improvements in research delivery versus cloud and data spend.

Baron Davis, CEO at Code Willing, said, “Today is a great time to be a Data Scientist! The partnership between Options and Code Willing is a real game-changer that will solve how data is absorbed, cleaned, and delivered across all cloud environments. Their incredible infrastructure and customer service coupled with our high-end software solutions is the perfect match.”

This news comes as the latest in a series of strategic developments for Options, including the acquisition of ACTIV Financial, partnership with Packets2Disc to provide market-leading network analytics solutions, and the introduction of Bolsa Institucional de Valores (BIVA) to North American markets.