New York - Options IT, provider of the Options PIPE Private Financial Cloud services platform for the exchange, banking, trading and investment communities, has announced that industry veteran Ian Bowell has been appointed as the firm's new Head of Technology in the Americas.

Mr. Bowell brings nearly 25 years of experience in financial technology development, implementation and support to Options IT. In his new role he will be responsible for leading Options IT's North American technology engineering, networking and support teams, as well as overseeing the growth of Options PIPE Private Financial Cloud services in the North American region.

Prior to joining Options IT, Mr. Bowell was the Chief Technology Officer at Fauchier Partners, a BNP Paribas investment partner and leading global funds of hedge funds based in London.

"The years of experience and deep sector expertise on a global scale that Ian brings with him to Options IT will be a tremendous addition to our team," said Nigel Kneafsey, CEO of Options IT. "With the financial industry, and particularly the alternative investment sector, fueling demand for private financial cloud services, Ian's long-term understanding and strategic insight into the major financial technology trends impacting our industry will help to ensure that Options IT continues to deliver innovation and the highest level of service to our clients."