Financial infrastructure services vendor Options Technology has announced an expanded strategic partnership with oneZero, a multi-asset class enterprise trading technology provider for banks and financial institutions.
The partnership is set to build upon the existing integration between oneZero’s and Options’ Activ consolidated data service, streamlining the experience for mutual customers with bespoke API connectivity between Options’ multi-asset class normalised and historical market data, and oneZero's multi-asset class liquidity, aggregation and risk management solutions, which facilitate tens of millions of trades per day.
Leveraging Options’ normalised market access data model, oneZero customers will be able to use the hub to distribute pricing and risk across a wider range of asset classes with an accelerated time to market.
Danny Moore, president and CEO of Options, said: “Together, we seek to empower traders and financial institutions with the industry’s most comprehensive multi-asset asset class trading technology solution. The integration of our market data solutions with oneZero’s state-of-the-art modular risk and price distribution platform will be a game-changer, providing unparalleled access to multi-asset class liquidity.”
Andrew Ralich, CEO and co-founder of oneZero, said: “Our partnership with Options exemplifies our commitment to continuously improving the liquidity-neutral EcoSystem that we have been building on behalf of our clients. It is our goal to provide a partner framework where oneZero clients can seamlessly access value-added services.”
He added: “In the modern banking and brokerage environment, being able to offer an array of asset classes, and rapidly evolving that asset class offering to catch market trends, is essential. Our accessible data framework provides the flexibility for our clients to access the market data vendors they require, which is why we are extending our partnership with Options.”
The alliance comes after recent Options Technology partnerships with Magtia and Trader Evolution, its accreditation in a new Microsoft Cloud Security specialisation, and a partnership with Dukascopy.
oneZero recently announced the extension of its Data Partners network with other vendors that add value to the trade lifecycle for clients, including with TRAction for trade reporting, and with New Change FX for regulated reference data for reporting.
