Options Technology, the leading provider of capital markets services and market data, announced it is now actively testing OpenAI’s cutting-edge artificial intelligence technology for real-time market data analysis in Microsoft Azure.
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The testing and integration of OpenAI’s technology into Options Technology’s extensive global market data platform and backbone is expected to offer clients unparalleled market insight and analysis.
Options Technology’s President and CEO, Danny Moore, commented, “As a pioneer in the field of financial services, Options continues to push the boundaries of what is possible by embracing OpenAI’s cutting-edge technology and automation capabilities. We now have the potential to revolutionise the way we analyse and interpret market data and we are excited to be one of the first in the industry to test this technology in a live environment alongside Microsoft Azure.
We have a long-standing reputation for innovation and excellence, and our adoption of OpenAI’s technology is a prime example of our commitment to transforming the financial services sector and bolstering our portfolio of services with the most innovative and sophisticated tools, technology and automation infrastructure.”
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The firm expects to continue testing OpenAI’s technology throughout the coming months, with plans for further integration across its global network and infrastructure to enable its clients to make data-driven decisions swiftly and accurately.
Today’s news comes as the latest in a series of exciting developments for Options Technology, including its trading its Microsoft Solutions Partner status for Infrastructure, its partnership with KX and completion of SOC compliance for a 12th consecutive year.
In 2019, Options received investment from Boston-based Private Equity Firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally.
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