Market technology provider Colt has integrated its European capital markets capabilities to provide customers with a consistent experience.
Colt’s existing capital markets team will be merged with MarketPrizm’s, offering data centre services alongside low-latency data and market infrastructure solutions.
Colt acquired MarketPrizm from agency broker Instinet in 2011.
Merging the European capital markets businesses was partly driven by a need to rapidly adapt to client demands based on regulatory change across the region.
Naz Dossa, vice president of capital markets at Colt, said: "The creation of a team focused on Capital Markets across the customer lifecycle, will enable us to focus more on our customers in this sector and invest further in services that directly help customers grow their market share in an increasingly fragmented environment.
Jay Hibbin, former commercial director of MarketPrizm, becomes vice president of capital market services at Colt and will lead the development and delivery of existing and new services while Dossa will lead the sales and management team.