Options Names Danny Moore as New Chief Operating Officer

NEW YORK, Jan. 23, 2013 /PRNewswire/ -- Options, provider of the Options PIPE® Private Financial Cloud services platform for the exchange, banking, trading and investment communities, today announced that former NYSE Euronext executive Danny Moore has been appointed as the firm's new Chief Operating Officer.

In his new role, Mr. Moore will be responsible for leading the firm's day-to-day global operations, in addition to overseeing the expansion of the Options PIPE® Private Financial Cloud within both established and emerging financial markets, and across the broker dealer and investment banking communities. Options' private cloud services include Velocity, an ultra-low latency market data, execution connectivity and application management service; Momentum, an on-demand application management service for the front-, middle- and back-office; and Core, a turnkey business technology platform.

Mr. Moore is a former Chief Operating Officer of the NYSE Euronext trading technology segment, NYSE Technologies. Prior to joining NYSE in 2008, Mr Moore served both as Chief Operating Officer and Chief Executive Officer of trading technology firm Wombat Financial Software. Wombat, under Mr Moore's stewardship, was acquired by NYSE Euronext in March 2008. Before joining Wombat, Mr Moore worked with Newry-based First Derivatives Plc. In 2010, Mr. Moore established Belfast-based investment firm Lough Shore Investments.

Speaking following the announcement, Nigel Kneafsey, Options founder and CEO said, "We are delighted to be able to bring someone of Danny's experience and proven track record of success with firms such as NYSE Euronext and Wombat to Options. In what is a time of great change within the global financial services industry, and the technology and platforms that power this industry, Danny's deep knowledge and market understanding will prove instrumental in ensuring the continued expansion of Options."

"I am delighted to be joining Nigel and the rest of the Options team," said Mr. Moore.

"Options is a firm with a rich history, dating back to 1993, but interestingly, one that is also exceptionally relevant to the technology and infrastructure demands of the modern financial services industry. Options has built its success on a bedrock of robust technology, complimented by industry leading support and sector-specific expertise, and I look forward to leading its continued growth in Europe, the US and Asia."   

About Options

Options is the premier provider of infrastructure products to the Global Financial Services sector. Founded in 1993, the company began life as a hedge fund technology services provider focused on the London market. In 2002, the company made a strategic decision to change focus from consulting to delivering shared infrastructure products, becoming the first provider to offer cloud services to the financial sector. The result was the Options PIPE® Platform and the "Private Financial Cloud" offering. Today over 130 firms globally leverage Options PIPE®, including leading hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, exchanges and global investment banks.

Options PIPE^® Platform Services:

PIPE Core
Essential business technology from email and office applications to phones and tablets

PIPE Momentum
Hosting and management of the applications that run your business, front to back

PIPE Velocity
Low latency trading, FIX connectivity, market data and computing infrastructure

For additional information, contact:

Marc Weinstein
Spotlight Financial Marketing     
For Options
(212) 521-5902
[email protected]

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SOURCE Options