Options Technology celebrated a major win at the awards, taking home the trophy for Cyber Security Project of the Year.

The judges remarked: “Options Technology’s cybersecurity project sets a new standard for innovation, measurable success, and customer satisfaction in the capital markets industry.

“By leveraging Microsoft’s cutting-edge technologies, including Azure ARC, Defender EDR, and Azure Sentinel, Options IT has designed a security solution that offers unrivalled protection across hybrid infrastructures.”

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Writing on LinkedIn, the company said: “We are thrilled to announce that Options Technology has been awarded Cyber Security Project of the Year at the 2024 Belfast Telegraph IT Awards.

“This recognition underscores our commitment to delivering integrated security solutions and being the best in the industry. A huge thank you to our team whose hard work and perseverance made this achievement possible.

“Congratulations to all the other winners and nominees, and a big thank you to the Belfast Telegraph and The MAC, Belfast, for hosting a fantastic evening, celebrating the best in IT.”

In October, Options Technology announced a “watershed” deal with a new private equity investor, Vitruvian. Options said the move would bring capital and strategic support to drive expansion and innovation around the world.

It added financial resources and expertise to power growth in areas like networking, cloud, security, AI and market data services.

And with Vitruvian’s backing, Options said it was “well-positioned to capitalise on new opportunities and enhance its service and product offerings to financial institutions worldwide”. It had been backed by Abry Partners since 2019.

The company recently launched its 2025 Graduate and Placement Programme, a move that highlights the company’s rapid growth and pivotal role in the global capital markets industry.

Founded in 1993, Options Technology began as a niche provider of technology services to hedge funds and evolved into a major player in the financial technology space, providing managed trading infrastructure and cloud-enabled services to over 550 firms worldwide.