Options Appoints Former TNS and ICE Executive, Scott Feagans, as SVP of Sales Engineering

2023-08-23 19:57

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Aug 23, 2023--

Options Technology, the leading provider of cloud-enabled managed services, market data, and IT infrastructure solutions, today announced the appointment of Scott Feagans as Senior Vice President of Sales Engineering.

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Options today announced the appointment of Scott Feagans as Senior Vice President of Sales Engineering. (Photo: Business Wire)

With over 20 years’ experience, Scott brings an extensive history of leadership and innovation to Options. After selling his company, NetXpress, to TNS, he co-led a $60M global Financial Services Division, driving technology innovation and rapid business growth. As the Field CTO for the Financial Markets division, he orchestrated client acquisition, R&D initiatives, and strategic product development.

Scott held multiple executive positions at ICE (formerly 7ticks) including CTO and Vice President of Product Management. He played a pivotal role in establishing the industry's first IaaS firm, leading a team that transitioned products from customised solutions to standardised offerings, while growing the global team to over 150 members.

Danny Moore, President and CEO at Options Technology, commented, "Scott's extensive background and demonstrated accomplishments align perfectly with our core values. His proven track record of fostering innovation and driving substantial growth makes him the ideal addition to our leadership team in Chicago. We are delighted to welcome him to the team.”

Scott Feagans added, “I am excited to be a part of the Options leadership team and the expansion of the Chicago region. I am confident that my straightforward, people-focused approach, coupled with a drive for innovation and a genuine passion for the capital markets, will play a key role in our success."

Today's news comes as the latest in a series of exciting developments for Options, including its achievement of Microsoft Solutions Partner status for Data and AI, its partnership with GO Markets, and the delivery of seamless access to Aquis Stock Exchange.

In 2019, Options received investment from Boston based private equity firm Abry Partners. This investment enabled Options to accelerate its growth strategy and develop its technology platform while expanding its global reach in key financial centres.

About Options (www.options-it.com):

Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.

Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.

Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely.

In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.

Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.

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

About Abry Partners ( www.abry.com )

Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230823227533/en/

CONTACT: Niall McAleer

Email: Niall.McAleer@options-it.com

KEYWORD: NEW YORK UNITED STATES UNITED KINGDOM HONG KONG NORTH AMERICA ASIA PACIFIC EUROPE

INDUSTRY KEYWORD: TECHNOLOGY FINANCE SECURITY FINTECH OTHER TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE NETWORKS DATA MANAGEMENT OTHER PROFESSIONAL SERVICES

SOURCE: Options Technology

PUB: 08/23/2023 07:16 AM/DISC: 08/23/2023 07:16 AM

http://www.businesswire.com/news/home/20230823227533/en