Market Overview

Options Appoints Michael Russo To Management Team

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Options, the leading managed service and IT infrastructure provider
to the global capital markets industry, has today announced the
appointment of former Finastra and OpenLink Financial executive Michael
Russo to its management team. Russo joins the New York team as VP,
Product Management where he will be responsible for driving new business
growth and supporting the firm's Managed Application services.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180730005297/en/

Michael Russo, Options VP, Product Management (Photo: Business Wire)

Michael Russo, Options VP, Product Management (Photo: Business Wire)

Russo brings nearly two decades of industry experience to Options from
Finastra and OpenLink Financial, where he oversaw global business
development and growth of the firm's burgeoning cloud-based solutions.
Michael was a key contributor and leader in the expansion and
development of the firm's cloud strategy, market analysis, business
development, and overall service delivery.

As the latest addition to Options' management team, Russo will be
responsible for the development of Options' Managed Application
services, cloud offering, security and the overall delivery of the
firm's product roadmap for 2018. Michael's arrival follows the
announcement last month that Options has expanded its Managed Colocation
presence to 25
global venues, with new facilities in JSE & SGX
.

Regional Head of North America and Global Head of Sales, Tim Yockel,
commented,

"Michael brings outstanding depth of knowledge, creativity and vision to
our product development team. His experience delivering complex cloud
solutions, migrations and security infrastructure to the financial
technology sector, will both complement our existing product line, and,
play a key role in its development. In what is a period of rapid growth,
innovation and global expansion for Options, his appointment to our
executive team will ensure Options continues to raise the bar for
service excellence and technology. We are delighted to welcome him to
the team."

Speaking about the appointment, Michael added, "Options has been
enabling independent software vendors to deliver enterprise grade
solutions in the cloud for decades. Having been a vendor partner in a
previous stage in my career, I'm honored to have the opportunity to
empower others as they begin or continue their cloud migration journey.
I look forward to collaborating with the team, expanding our product
offering and continuing the delivery of industry leading managed
application services to our clients."

About Options (www.options-it.com):

Options 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. More than a decade ago, the
company made a strategic decision to become the first provider to offer
private cloud services to the financial sector. 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
. Our 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 2018
and 2017 Sunday Times HSBC International Track 200 league table
. In
2017, the firm received a growth
investment from private equity firm Bregal Sagemount
.

For more on Options, please visit www.options-it.com,
follow us on Twitter at @Options_IT and
visit our LinkedIn
page

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