Options Technology | August 19, 2022
Options Technology, the leading provider of cloud-enabled managed services to the global capital markets, today announced its eighth Microsoft Gold Partner Status competency in Data Platform.
Gold Partner Status is awarded to only the top 1% of Microsoft partners and is a recognized mark of the highest technology and business performance standards worldwide.
Microsoft’s Data Platform competency demonstrates Options’ ability to ensure customer database systems operate efficiently with data secured from unauthorized access and categorized so that it can be translated into business insights.
This accolade is the latest addition to Options’ global cloud-agnostic platform. It follows the company’s receipt of Microsoft Gold Partner competencies in Collaboration and Content, Security, Small and Midmarket Cloud Solutions, Cloud Productivity, Cloud Platform, Project and Portfolio Management, and Communication.
“Our strategic partnership with Microsoft continues to produce a unique blend of technical innovation, expertise and now an extensive list of cloud credentials which offer lasting credibility and capability for our clients across the capital markets. We are delighted to achieve our latest Microsoft accreditation in Data Platform. This recognition enables Options to deliver best-in-class data solutions alongside a secure, resilient, and cloud-agnostic platform.”
President and CEO, Danny Moore
Today’s news comes as the latest in a series of announcements for Options, including its win for Best Employee Development Programme at the Irish News Workplace & Employment Awards, VMware Cloud Verified Status in LHC, and the launch of Quantify and Data Store products.
In 2019, Options received investment from Boston-based Private Equity Firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally.
Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.
Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.
Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely.
In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.
Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018, and 2017 Sunday Times HSBC International Track 200 league table.
About Abry Partners
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.
ZEDEDA | August 26, 2022
ZEDEDA, the leader in edge orchestration, today announced the expansion of its executive team. These executives will help to guide ZEDEDA as the company continues to experience a period of exponential growth. Last month, ZEDEDA announced $26 million in Series B funding through a broad range of new and existing investors, pushing the total raised to more than $55 million since its inception. Over the past year, ZEDEDA has seen revenue grow by 7x, while the number of nodes under management has grown by 4x.
As part of its momentum, it is time for the company to further build out its executive team to prepare for even more growth and to continue to lead in delighting customers by making edge computing effortless, open and intrinsically secure.
Erik Nordmark, a co-founder of the company, has been promoted to Chief Technology Officer. Nordmark is widely considered to be one of the technical visionaries in the edge computing industry. In his new role, he will oversee product architecture and vision, drive ZEDEDA's partnership with the Linux Foundation, and evaluate new technologies and development partnerships while continuing to work directly with ZEDEDA’s largest customers.
“For several years, we’ve been watching the natural evolution as the data center, cloud, and now the edge became the center of data within organizations. With the creation and collection of data at the edge now exploding, organizations more than ever need to re-envision their traditional IT and OT operations to enable the new business cases and strategic value this will drive,” Nordmark said. “ZEDEDA’s customers and partners are at the forefront of these edge-driven opportunities, and I’m excited to step into this new role as we continue to enhance and expand the flexible foundation that is critical to their continued success.”
Paul Campaniello has been named Vice President of Marketing. In his new role, he will oversee all aspects of global marketing and communications, including go-to-market strategy, brand, sales enablement, product marketing, demand generation, and analyst and public relations.
“ZEDEDA sits at the intersection of several dynamic markets and technologies, such as the distributed edge, virtualization, and the leading open source framework,” Campaniello said. “I’m thrilled to help ZEDEDA address the rapidly growing edge management and orchestration market. ZEDEDA is extending the cloud experience to the edge, and it’s clear the need for a secure and flexible edge solution will continue to grow.”
Michael Maxey has been named VP of Business Development. In this role, Maxey will help customers and partners accelerate and simplify the deployment of applications on the edge.
“At the distributed edge, customer value is delivered in a complete solution. Management and orchestration are extremely important. But it’s equally important that the entirety of the solution is easy to consume and implement,” Maxey said. “The options are endless with the number of edge use cases growing daily. And I can’t wait to build strategies for all these use cases, partnering with the best companies on the planet.”
Raghu Vatte moves into the VP of Product Management and Customer Success role, where he will support ZEDEDA’s growing customer base from deployment to future needs.
“While some technology sectors are seeing slowdowns, edge computing investments continue to increase because of the strategic value it brings to organizations across all verticals,” Vatte said. “We’re seeing customers lean into these projects, and ZEDEDA is critical to their success by providing the integrated edge management and orchestration required.”
“Edge computing is increasingly important within organizations, and these new executive hires will strongly position us to meet the needs of the biggest customers, helping us to build out our internal teams and provide even more value to our customers and partners, Edge computing is accelerating, and our open framework and ecosystem approach is the ideal solution for businesses looking to take advantage of the benefits of edge computing.”
Ouissal, founder and CEO of ZEDEDA
ZEDEDA makes edge computing effortless, open, and intrinsically secure - extending the cloud experience to the edge. ZEDEDA reduces the cost of managing and orchestrating distributed edge infrastructure and applications, while increasing visibility, security and control. ZEDEDA delivers a distributed, cloud-native edge management and orchestration solution, simplifying the security and remote management of edge infrastructure and applications at scale.
ZEDEDA ensures extensibility and flexibility by utilizing an open partner ecosystem with a robust app marketplace and leveraging an open architecture built on EVE-OS, from the Linux Foundation. EVE-OS is a lightweight, open-source Linux-based edge operating system. ZEDEDA delivers instant time to value, has thousands of nodes under management and is backed by world-class investors with teams in the United States, Germany and India.
Sigma | September 15, 2022
Forescout Technologies, the global leader in automated cybersecurity, today announced a new healthcare cybersecurity partnership with First Health Advisory, a leader in healthcare IT risk management. The partnership creates an innovative approach to connected asset risk management by automating the technical data collection, mitigation and risk reduction measures for a healthcare organization’s entire network that encompasses IT, IoT, OT, and IoMT assets.
Healthcare organizations’ networks are under constant attack and often do not have the necessary human capital to oversee the work necessary to thwart a potential threat or attack through quick response. This challenge places added importance on the need to obtain highly skilled outside expertise to operationalize a program and execute ongoing asset risk assessments across the network.
“Cybersecurity risk assessments for healthcare organizations are incredibly time consuming, static in nature, and mandated by regulatory requirements. Moreover, the steps to mitigate assessment findings and lower risk are difficult to complete with the current cyber skills shortage, This partnership and new approach that combines intuitive risk assessment and automated mitigation technology will allow healthcare organizations to not only make risk assessments easier and faster to complete, but also free up internal resources to support other critical aspects of the patient experience.”
Tamer Baker, vice president, global healthcare, Forescout
The audit experience will also see a major transformation through this new partnership. Organizations will have an ability to automate evidence collection and receive ongoing mitigation and vulnerability management support from First Health Advisory staff year-round.
“Our partnership delivers the optimal solution healthcare organizations are looking for – the right balance of highly skilled, multi-disciplinary risk assessment personnel with deep understanding of the regulatory landscape together with a dependable cybersecurity platform that can automate risk reduction actions,” said Will Long, CSO of Enterprise Security & Technology at First Health Advisory. “We’re excited about this collaboration and together with Forescout, look forward to helping more healthcare organizations improve their security posture.”
Forescout Technologies, Inc. delivers cybersecurity automation across the digital terrain, maintaining continuous alignment of customers’ security frameworks with their digital realities, including all asset types – IT, OT, IoT, IoMT. The Forescout Continuum Platform provides complete asset visibility, continuous compliance, network segmentation and a strong foundation for Zero Trust. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide automated cybersecurity at scale. Forescout arms customers with data-powered intelligence to accurately detect risks and quickly remediate cyberthreats without disruption of critical business assets.
Palo Alto Network | September 23, 2022
Open source software is a critical component of cloud-native applications, allowing developers greater speed and modularity without having to reinvent the wheel each time they code. However, as the Unit 42 Cloud Threat Report, 2H 2021 found, open source software can often contain known vulnerabilities, which can open organizations up to significant risk. Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today introduced the industry's first context-aware software composition analysis (SCA) solution to help developers safely use open source software components. The integration of SCA into Prisma® Cloud further demonstrates why Palo Alto Networks is the leading provider of cloud-native security.
Traditional SCA solutions are standalone products that can produce a large number of alerts but lack the runtime context to help fix vulnerabilities. With the addition of SCA to the Prisma Cloud platform, developers and security teams can proactively surface and prioritize known vulnerabilities that impact the application lifecycle (i.e., code, build, deploy and run). Prisma Cloud SCA delivers deep dependency detection and remediation of vulnerabilities in open source software before applications reach production. It can also help developers prioritize remediation based on software components that are already in use. These capabilities are not possible when SCA solutions are deployed as single point products.
"Developers leveraging open source software should be able to build applications with the confidence they aren't opening the organization up to risk, With the average application consisting of 75% open source components, SCA on Prisma Cloud is key to protecting the organization from code to cloud and empowering developers to build with speed."
Ankur Shah, senior vice president, Prisma Cloud, Palo Alto Networks
As a complete cloud-native application protection platform (CNAPP), Prisma Cloud is context-aware at every stage of the application lifecycle to provide a unified view of risk across organizations' cloud environments. Where current approaches to cloud security rely on siloed products that provide intermittent visibility without remediation, Prisma Cloud approaches cloud security with a comprehensive, prevention-first framework. With 188% increase in cloud incident response cases over the past three years, this shift in approach has become mandatory.
A complete code-to cloud CNAPP needs to incorporate the following five key principles in order to keep organizations safe:
Security from code to cloud — protects applications at every stage of the development lifecycle — from code, build, deploy and run.
Continuous, real time visibility — uses real-time and contextual security analysis of cloud environments to help prevent misconfigurations, vulnerabilities and threats.
Prevention-first protection — stopping attacks and defending against zero-day vulnerabilities to drive down mean time to remediation.
Choice for every cloud journey — aligning security needs with current and future cloud priorities by supporting a breadth of cloud service providers, workload architectures, continuous integration and continuous delivery (CI/CD) pipelines, integrated development environments (IDEs), and repositories with a unified platform
Cloud scale security — consistently secures applications as cloud environments scale.
In addition to SCA and to further increase the safety of cloud-native applications, Prisma Cloud introduced a software bill of materials (SBOM) among other capabilities for developers to easily maintain and reference a complete codebase inventory of every application component used across cloud environments. Implementing SCA and SBOM ensures Prisma Cloud aligns with these principles.
"Buyers looking for cloud-native security solutions need to keep the requirements of microservices security protection in mind. The 'bolted-on' and 'whack-a-mole' approaches are a thing of the past," said Frank Dickson, program vice president, Security and Trust at IDC. "Security should be embedded throughout the application development life cycle. This means that buyers need to fundamentally change their approach to security, although they need to continue to protect their run-time environments, they must also embrace solutions that embed security in the application development process, an approach referred to as 'shift left.' Shift left requires one to think less about security products and more about continuous security processes."
About Palo Alto Networks
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.