About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Colt Adds More Destinations To PrizmNet

Subscribe to our newsletter

Last month’s hire of Andrew Housden as vice president of capital markets appears to be just the first step in expanding the Colt Capital Markets unit of network and communications provider Colt Technology Services.

Colt Capital Markets is leveraging Colt Technology Services’ co-location capability for distributing market data in support of best execution of trades. The capital markets unit’s PrizmNet financial services extranet service has its origins in MarketPrizm, which Colt acquired in 2011.

In the past 12 months, Colt has added 20 more providers to PrizmNet, raising its total to more than 70, according to Andrew Young, global head of solution sales for capital markets at Colt Technology Services, who reports to Housden. By pairing the pathways acquired from MarketPrizm with Colt’s telecom assets, PrizmNet became “truly global,” Young says. “We were able to fast track that because we already were distributing content and market data across 50 different markets and exchanges.”

Colt works with the consolidation of strategic data centers that has occurred in the past few years, Young explains. “The capital markets community now goes after a small number of physical locations,” he says. “We made sure our points of presence center around those key co-location facilities. But also because we built the underlying service on our own network that we own, we can be very aggressive around delivery times and speed to markets, while providing strong service levels, because we have that end-to-end control, since the underlying infrastructure is our own physical assets.”

The additions to PrizmNet are coming from more asset classes than before, according to Young, which dovetails with upcoming MiFID II regulation that imposes more rules like those for equities onto derivatives and other asset classes. “OTC products and asset classes are moving toward more exchange-type environments,” he says. “We’re on boarding a lot of providers in those asset classes as well as service providers that have solutions for upcoming regulation.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Optimising cloud, marketplaces & managed data services

Date: 30 June 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Financial institutions are under mounting pressure to rethink how they source, manage and distribute market data. Rising data volumes, multi-cloud adoption and the operational demands of regulations such as DORA are exposing the limits of legacy infrastructure, and driving...

BLOG

Sanctions Data Has Outgrown the Systems Built to Manage It

By Marion Leslie, Head of Financial Information, Executive Board Member, SIX. For as long as anyone in the industry can remember, sanctions in financial instruments representing holdings in sanctioned legal entities have been treated as a very specialist concern. They sat with compliance teams and were largely invisible to day-to-day market activity. The issue is...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...