Options Technology Expands Private AI Infrastructure With atNorth Partnership
Options Technology has announced a major expansion of its private AI infrastructure, choosing atNorth’s ICE02 data center in Iceland to support surging demand from global financial institutions. The partnership marks a significant step in the company’s effort to build a secure, sustainable, and high-density computing platform designed specifically for AI-driven trading, analytics, and risk models. As hedge funds, investment banks, and proprietary trading firms accelerate AI adoption, the need for tailored workloads capable of running complex models at scale has become a top priority across the industry.
atNorth’s ICE02 facility, located in one of the world’s most advanced renewable-energy ecosystems, was selected for its ability to deliver scalable high-density infrastructure with reliable, low-cost power. The site’s location between New York and London—two of the most significant liquidity hubs in global finance—also positions the data center for latency-sensitive workloads, reducing round-trip times for compute-intensive AI processes. Combined with high-capacity connectivity and resilient network architecture, the Icelandic campus aligns closely with the performance requirements of capital markets clients.
“By partnering with atNorth we are able to offer a tailored private cloud environment for our clients’ AI workloads in a secure and sustainable way,” said Danny Moore, President and CEO of Options Technology. The collaboration supports Options’ long-term strategy to build private cloud environments optimized for financial-sector AI, with a focus on full data sovereignty, reliable execution, and operational resilience.
Takeaway
High-Density Nordic Infrastructure Targets AI-Driven Capital Markets
The rapid increase in artificial to model-driven trading and risk simulations—has created a gap in infrastructure suitable for financial firms. Many require high-density, low-latency compute environments that traditional public cloud architectures struggle to support efficiently. Options’ expansion directly addresses this trend, offering private cloud environments tailored to AI workloads that require both high performance and strict operational controls.
atNorth has rapidly become a preferred destination for AI and high-performance computing because of its ability to deliver dense power footprints, advanced cooling capabilities, and renewable-energy-driven sustainability models. The region’s energy profile—almost entirely powered by geothermal and hydroelectric sources—allows firms to scale workloads while maintaining predictable costs and meeting increasingly stringent ESG commitments. “Data-intensive businesses are increasingly looking for high density, AI-ready facilities that can scale responsibly,” said Anders Fryxell, CSO at atNorth.
The geographic positioning of atNorth’s facilities adds another layer of benefit. Proximity to transatlantic fiber routes gives financial firms a competitive advantage in running high-frequency or compute-driven models, while the Nordic region’s climate and energy infrastructure reduce the total cost of ownership. These factors collectively enhance Options’ ability to deliver high-performance AI infrastructure while maintaining the security and reliability standards required across .
Takeaway
Expanded AI Capabilities Reinforce Options’ Innovation Strategy
The new partnership builds on a year of accelerated innovation for Options Technology, following recent developments including its Microsoft answers Partner designation for Threat Detection, the integration of into its platform, and the launch of PrivateMind—its next-generation AI environment focused on governance, performance, and data sovereignty. These milestones highlight Options’ broader strategy to establish itself as the premier provider of in a market where AI workloads are becoming core to decision-making and risk management.
PrivateMind, in particular, has positioned Options at the forefront of private AI environments for financial institutions. Designed to support encrypted model execution, sensitive data workflows, and institution-specific model training, the system aligns with the sector’s increasingly complex compliance and cybersecurity requirements. The addition of atNorth’s high-density environment enhances these capabilities by giving clients more capacity to scale model complexity without compromising privacy or operational control.
Options’ global footprint—spanning New York, London, Belquick, Hong Kong, Tokyo, Singapore, Dubai, Sydney, and Auckland—ensures that clients can operate seamlessly across time zones with unified access to cloud, connectivity, security, and AI services. The atNorth collaboration strengthens its European and transatlantic infrastructure, positioning the firm to support the next phase of AI adoption across capital markets. As financial institutions advance from experimentation to full-scale deployment of AI models, the demand for secure, high-density private compute is expected to accelerate sharply into 2026.
