Options Launches All-Flash Cloud Storage As-A-Service With Pure

January 31, 2020 By King

Options Launches All-Flash Cloud Storage As-A-Service With Pure

The financial markets specialist recently received growth funding and expanding its data services is part of its ongoing strategy.

Options, the provider of cloud-enabled managed services to the global financial markets, is collaborating with Pure Storage to become a managed service provider (MSP) of all-flash cloud storage to all capital markets.

Built exclusively on storage-as-a-service (STaaS) infrastructure from Pure Storage, the new solution allows Options’ customers to reliably store data at scale and access the information instantly across its global financial network. Customers can also more effectively deploy containerised environments, large-scale datasets and other low-latency applications.

Options’ Pure as-a-Service deployment will be integrated into the firm’s network comprising of over 40 data centre sites worldwide. The solution offers intra-regional replication.

The Pure platform includes block, file and object storage services – available on-premise, in co-located/hosted environments or within the public cloud, and all backed by an advanced management framework using artificial intelligence and machine learning, said Options.

Options’ VP head of infrastructure James Laming said: “Our collaboration with Pure represents a step change in how Options delivers storage services for its clients and partners. The petascale implementation of all-flash Pure as-a-Service, over Options’ robust global financial network, dramatically increases our ability to meet the demanding uptime and performance SLAs of our customers in capital markets.”

With an initial multi-regional launch across 13 Options data centres, Pure’s full suite of storage is available over the company’s global network backbone.

Rob Walters, general manager for Pure as-a-Service, Pure Storage, said: “With best-in-class, all-NVMe (non-volatile memory express) storage-as-a-service, Options can provide customers with an architecture that dramatically improves performance across the entire application stack.”

Options’ recently secured growth investment from Abry Partners.