Options Technology, a provider of capital markets infrastructure, announced a private cloud expansion into Iceland with a new AI-optimized datacenter deployment. For Options, this marks a significant step forward in supporting clients’ security and high-performance computing needs while dramatically reducing operational costs and advancing environmental sustainability goals.
This new deployment is in direct response to increasing demand from Options’ clients, including hedge funds, investment banks, and proprietary trading firms, seeking to scale secure AI workloads without compromising on privacy, compliance, or ESG commitments.
Danny Moore, President and CEO, commented, “Our investment in Iceland is about more than just infrastructure; it’s about future-proofing the next generation of financial services. As the industry accelerates its adoption of private AI and large-scale compute, we are ensuring our clients have access to secure, scalable, and sustainable environments that align with their performance and ESG goals.”
The Iceland facility is designed for high-density private AI workloads, offering a 72% reduction in per kVA costs compared to traditional U.S. sites. Powered entirely by renewable energy, it delivers exceptional compute performance while allowing clients to report zero carbon emissions. Additional benefits include liquid cooling infrastructure, closed-loop water systems, and sub-100ms connectivity to both Europe and North America via redundant submarine cables.
This facility marks the first phase in a broader infrastructure modernization program, with further high-density, private AI-ready environments planned across key financial hubs in 2025 and beyond. This expansion also reflects broader industry trends with the global generative AI market in financial services projected to reach $15.7 billion by 2034, with financial institutions increasingly requiring secure, compliant environments to deploy AI at scale.
