Options Technology has completed the acquisition of Packets2Disk, or P2D, a company known for its advanced packet capture and analytics technology. This move is aimed at bolstering Options’ capabilities in market data and analytics by incorporating P2D’s technology into its existing services. The integration will enhance real-time data capture, monitoring and decoding of market and trading data.
The merger will result in an analytics platform that can be offered either through a cloud-based SaaS platform, or as a fully managed service. This development is expected to provide more flexibility and clarity in its data handling and analytics processes, along with better real-time monitoring capabilities. Additionally, it will allow Options to address common industry issues such as high capital expenditure on technology updates and unpredictable operational costs by introducing a predictable, inclusive pricing model.
For clients, this acquisition means improved capabilities in real-time data monitoring and analytics, which will lead to more accurate market and trading data insights. Options Technology recently secured an investment from Vitruvian Partners, which may further fuel global expansion and enhance its service offerings and other technological capabilities.
