OptionMetrics grows tech team

Source: OptionMetrics

OptionMetrics, a leading provider of quality historical option price data, tools and analytics, today announced the addition of veteran systems engineers, software engineers and quality assurance specialists, bolstering the size and capabilities of its global technology, development and operations team.

The new hires are a direct response to three consecutive record quarters of overall revenue growth (Q4 2015, Q1 2016 and Q2 2016), and new sales growth of 40% over the comparable quarters in 2014 and 2015.

The new team members come to OptionMetrics with decades of experience at top financial firms including American Express, Barclays, and Bank of America. They are based at the company’s New York headquarters and report to Robert Siverson, Vice President of Operations at OptionMetrics, who oversees deployment of systems and software resources, product development, and quality assurance.

“We are excited to add to our dynamic team as we continue to innovate with new products, an updated user interface, and enhanced delivery of service to clients,” said Siverson. “These engineers and specialists bring cutting-edge skills and are incredibly collaborative, helping us integrate our resources to service clients and get new products to the marketplace as quickly and efficiently as possible.”

As investors and financial intermediaries look to better understand the markets and maximize their return, the suite of data and analytics products offered by OptionMetrics provides independent information, completely based on traded instruments and exchange data. Unaffiliated with any bank, exchange, or data vendor, OptionMetrics gives its clients unbiased information that they use to backtest trading strategies, evaluate risk models, and perform sophisticated research on all aspects of options investment.

“Our business is growing at a record pace and our new technology team will be instrumental in accelerating that growth even further, said David Hait, president of OptionMetrics. “These talented new additions to our staff will play a vital role as we continue to attract new clients and increase our business from existing clients.”

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