Network and communications provider Colt Technology Services’ hire of Andrew Housden as vice president of capital markets may herald greater attention and effort on financial markets work by the company.
Colt offers Colt PrizmNet, a financial sector extranet service, and MarketPrizm data feeds, hosting and connectivity solutions, as well as the Colt IQ Network which provides data centre and cloud access on-demand.
Housden reports to Tom Regent, chief commercial officer, and is responsible for the company’s work with 18 of the top 25 financial firms globally, more than 50 exchange venues and 13 European central banks. As vice president of capital markets, Housden will represent PrizmNet, MarketPrizm and the IQ Network to industry firms.
“Capital markets firms face several significant challenges to remain competitive, in particular the need for a more agile and cost-effective infrastructure, migrating applications to the cloud and ever-changing regulatory requirements,” Housden said in a statement. He was previously vice president of global finance accounts at BT Global Services.