Options IT, a leading provider of ultra-low latency market data and connectivity, fully managed application hosting, and high-performance technology Infrastructure-as-a-Service for the buyside and sellside, today announced that Occitan Capital Partners, a London-based hedge fund manager, has chosen Options IT as its technology infrastructure provider.
Set up in Q4 of 2010 by Thomas de Garidel-Thoron and HervÃ© Gallo, Occitan Capital Partners provides fundamental long/short investing across the entire spectrum of pure equity products, specifically through the cash, volatility and dividends markets.
Occitan has selected the Options PIPE Core service, a complete business technology infrastructure service providing a robust and resilient technology foundation for day-to-day business communication, regulatory compliance and operations management. PIPE Core is one of three financial technology infrastructure services available on the Options PIPE platform.
The Options PIPE platform is a fully managed and optimized global technology infrastructure and network connectivity environment providing on-demand, private cloud technology solutions to more than 120 investment banks, proprietary trading shops, brokerages, and traditional and alternative asset management firms globally.
âThe changing market environment over the past few years significantly increased the level of operational sophistication fund managers must demonstrate to investors and regulators alike,â said Sophie Thieux-Billiard, COO at Occitan Capital Partners. âWorking with providers like Options IT, enabled us to quickly implement a robust and secure business infrastructure with much greater efficiency than if we had set out to build it ourselves.â
âWeâre delighted that Occitan has chosen Options IT to provide and support the fundâs technology infrastructure,â said Nigel Kneafsey, CEO at Options IT. âPIPE Core, like all PIPE services, provides a resilient and fully managed enterprise strength solution delivered on-demand, freeing clients to focus on their core business. PIPE services provide full compliance with regulatory requirements and can speed investor due diligence process as a check-the-box solution from a trusted provider.â