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Options Names Former NYSE Euronext Executive Stephen Morrow as Global Head of Account Management

Options, the leading managed services provider to the global capital markets industry, today named the latest addition to the firm’s global team with the appointment of former NYSE Euronext executive, Stephen Morrow. Mr. Morrow, who was previously Vice President of the Exchange Solutions division at NYSE Technologies, NYSE Euronext’s commercial technology division, joins the private financial cloud provider as SVP, Global Head of Account Management.

In his new role, Mr. Morrow will be responsible for overseeing the firm’s key strategic accounts, both on the buy-side and sell-side, in addition to developing an integrated and coordinated approach to ensuring customer success and product-market fit for all clients on the Options platform. He will also be tasked with further evolving the global account management team to ensure the firm has the necessary capabilities to deliver on this strategy.

In his most recent role with NYSE Technologies, Mr. Morrow managed the commercial and strategic direction for NYSE’s major exchange accounts across the US, Europe and Asia-Pacific. Previous to this, he held the position of Managing Director for the Exchange Solutions division focusing on product management and international deployment. Prior to joining NYSE, Mr. Morrow was Director of Exchange Solutions at Wombat Financial Software. Since leaving NYSE, Stephen has served in a number of management roles with Belfast-based investment firm, Lough Shore Investments and Silicon Valley-based desktop virtualization startup, WorldDesk.

Options CEO, Nigel Kneafsey commented, “Stephen is a fantastic addition to the Options team and brings with him a wealth of experience in global account management with both NYSE and Wombat. The past 18 months or so has seen Options make some fantastic new customer acquisitions and the resulting customer deployments, many of which have seen the team face some very complex engineering challenges, have proved exceptional successful. Stephen will help us capitalize on these achievements and ensure the continued success of these key accounts.”

Mr. Morrow commented, “Options’ very unique offering is built, first and foremost, on the continued and consistent delivery of service excellence to clients, both small and large. Options are delivering a truly world-class platform and in a sector where industry trends, regulatory hassles and economic factors are placing huge demands on clients. My focus will be to build on the firm’s current approach and enhance the ability of our clients to navigate these issues by developing an account management strategy that underpins an already fantastic product offering. I look forward to working with Nigel and the team, and the ever-increasing number of firms leveraging the Options platform.”

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About Options (www.options-it.com):

Options is the premier provider of infrastructure products to the Global Financial Services sector. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to, become the first provider to offer cloud services to the financial sector. The result was the Options PIPE® Platform and the "Private Financial Cloud" offering. Today over 150 firms globally leverage Options PIPE®, including the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.

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