Options and SkyBridge Capital Mark Nine Years of Strategic Partnership, Powered by AtlasWorkplace
CHICAGO & NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--May 14, 2025--
Options Technology (Options), a leading provider of cloud-enabled managed services for global capital markets is proud to celebrate nine years of partnership with SkyBridge Capital, a global alternative investment firm.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250514131435/en/
Options' partnership with SkyBridge Capital is anchored by AtlasWorkplace, Options' premier IT platform purpose-built for hedge funds, asset management, private equity, and financial services firms.
The collaboration is anchored by AtlasWorkplace, Options' premier IT platform purpose-built for hedge funds, asset management, private equity, and financial services firms.
For nearly a decade, SkyBridge Capital has leveraged AtlasWorkplace to support its operations, combining secure infrastructure, cloud services, end-user support, and cybersecurity under one seamless solution. Designed to meet the pace, transparency, and compliance standards of institutional finance, AtlasWorkplace enables SkyBridge to focus on investment performance while Options delivers world-class technology operations behind the scenes.
Danny Moore, President and CEO of Options, commented: 'Our partnership with SkyBridge Capital reflects the very best of what AtlasWorkplace was built to do; empower leading financial firms with robust, secure, and responsive IT infrastructure. SkyBridge operates in one of the most demanding segments of finance. We're proud to have earned their trust over the past nine years, and we look forward to driving continued growth and innovation together.'
With a high-engagement service model at its core, AtlasWorkplace adapts to the dynamic needs of global investment firms, from day-to-day IT support to long-term scalability. For SkyBridge, this approach has enabled its business to grow and evolve in an increasingly complex technology and regulatory environment.
Today's news comes as the latest in a series of major milestones at Options, including the opening of its new city of London office at 100 Bishopsgate, the achievement of SOC compliance for 14 consecutive years and a new partnership with Paget Brown as it expands offices in Belfast.
Options Technology:
Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure. We serve clients globally with offices in New York, London, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Paris, and Auckland. At Options, our services are woven into the hottest trends in global technology, including high-performance Networking, Cloud, Security, and AI (Artificial Intelligence).
www.options-it.com
About SkyBridge Capital
SkyBridge Capital is a global alternative investment firm specializing in hedge fund solutions and digital asset investments. Founded in 2005, the firm manages assets across a range of strategies with a commitment to innovation, transparency, and investor alignment.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250514131435/en/
For media inquiries, please contact Niall McAleer,[email protected]
KEYWORD: UNITED STATES UNITED KINGDOM HONG KONG NORTH AMERICA ASIA PACIFIC EUROPE ILLINOIS NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY FINANCE SECURITY FINTECH BANKING PROFESSIONAL SERVICES SOFTWARE NETWORKS DATA ANALYTICS ARTIFICIAL INTELLIGENCE
SOURCE: Options Technology
Copyright Business Wire 2025.
PUB: 05/14/2025 06:03 AM/DISC: 05/14/2025 06:02 AM
http://www.businesswire.com/news/home/20250514131435/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TechCrunch
20 minutes ago
- TechCrunch
Why investing in growth-stage AI startups is getting riskier and more complicated
Making a bet on AI startups has never been so exciting — or more risky. Incumbents like OpenAI, Microsoft, and Google are scaling their capabilities fast to swallow many of the offerings of smaller companies. At the same time, new startups are reaching the growth stage much faster than they historically have. But defining 'growth stage' in AI startups is not so cut-and-dried today. Jill Chase, partner at CapitalG, said on stage at TechCrunch AI Sessions that she's seeing more companies that are only a year old, yet have already reached tens of millions in annual recurring revenue and more than $1 billion in valuation. While those companies might be defined as mature due to their valuation and revenue generation, they often lack much of the necessary safety, hiring, and executive infrastructure. 'On one hand, that's really exciting. It represents this brand new trend of extremely fast growth, which is awesome,' Chase said. 'On the other hand, it's a little bit scary because I'm gonna pay at an $X billion valuation for this company that didn't exist 12 months ago, and things are changing so quickly.' 'Who knows who is in a garage somewhere, maybe in this audience somewhere, starting a company that in 12 months will be a lot better than this one I'm investing in that's at $50 million ARR today?,' Chase continued. 'So it's made growth investing a little confusing.' To cut through the noise, Chase said it's important for investors to feel good about the category and the 'ability of the founder to very quickly adapt and see around corners.' She noted that AI coding startup Cursor is a great example of a company that 'jumped on the exact right use case of AI code generation that was available and possible given the technology at the time.' Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW However, Cursor will need to work to maintain its edge. 'There will be, by the end of this year, AI software engineers,' Chase said. 'In that scenario, what Cursor has today is going to be a little less relevant. It is incumbent on the Cursor team to see that future and to think, okay, how do I start building my product so that when those models come out and are much more powerful, the product surface represents those and I can very quickly plug those in and switch into that state of code generation?'
Bloomberg
an hour ago
- Bloomberg
Top Parkland Holder Backs Sunoco Deal, Urges Others to Adhere
The top shareholder in Parkland Corp. said it supports the Canadian fuel distributor's proposed takeover by Sunoco LP, describing the deal as a turning point for the company. Barbados-based investment firm Simpson Oil Ltd., which holds 19.8% of Parkland's outstanding common shares, said it will vote in favor of the transaction and urged other shareholders to do the same.
CNN
an hour ago
- CNN
US and Chinese officials will meet in London on Monday, Trump says
President Donald Trump announced Friday that US and Chinese officials will meet in London on Monday to discuss trade between the two nations. 'I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal,' the president wrote in a post on Truth Social. The announcement comes after Trump and his Chinese counterpart Xi Jinping spoke for 90 minutes on Thursday. After the phone call, the US president said he was encouraged that ongoing trade tensions could soon be resolved. The last talks between the Trump administration and their Chinese counterparts, held on May 12 in Geneva, represented a major turning point for the global trade war. Delegates from China and the United States announced they would significantly roll back their historically high tariffs on one another. Markets rallied, Wall Street banks curtailed their recession forecasts, and moribund USconsumer confidence rebounded significantly. That marked a significant change from April, when tensions ran so high that trade between the United States and China came to an effective halt. The 145% tariffs on most Chinese imported goods made the math impossible for American businesses to buy virtually anything from China, America's second-largest trading partner. But since then, tensions had re-escalated. Trump on Wednesday said in a Truth Social post that Chinese leader Xi Jinping was 'extremely hard to make a deal with.' Trade talks have stalled, Bessent said, apparently frustrating Trump. Last week, Trump posted on social media that China 'TOTALLY VIOLATED ITS AGREEMENT WITH US.' Trump said that he made a 'fast deal' with China to 'save them from what I thought was going to be a very bad situation.' He added: 'So much for being Mr. NICE GUY!' The Trump administration had expected China to lift restrictions on rare earth materials that are critical components for a wide range of electronics, but China has largely refused, causing intense displeasure inside the Trump administration and prompting a recent series of measures to be imposed on the country three administration officials told CNN last week. For example, the White House warned US companies against using AI chips made by China's national tech champion Huawei. It stopped US companies from selling to China software that is used to design semiconductors. And the US State Department announced it would 'aggressively revoke visas' for some Chinese students in in turn, has accused the United States of 'provoking new economic and trade frictions.' 'The United States has been unilaterally provoking new economic and trade frictions, exacerbating the uncertainty and instability of bilateral economic and trade relations,' the Chinese Commerce Ministry said Sunday. In the meantime, Treasury Secretary Scott Bessent, America's chief negotiator in the détente with China, said talks with China had stalled. But Trump and and Chinese leader Xi Jinping held a long-awaited phone call Thursday, which appears to have lowered the temperature a bit. The New York Times on Friday reported China has issued some licenses for rare earths, although the market is hardly back open. The talks in the UK are significant, and much is riding on their success – US economic growth remains steady but there are signs of cracking. And no one wants to return to April's standoff, which threatened to plunge the global economy into a stocks, which had rallied earlier in the day on a strong jobs report, rose a bit higher after Trump's Truth Social message about the resumed talks. The Dow was up 450 points, or 1.1%. The S&P 500 rose 1.2%, and the Nasdaq was 1.3% higher.
