Colt Technology Solutions currently announced that it is growing its capital marketplaces presenting into Latin America, giving customers from the United states, Europe and APAC price tag successful, very low latency access to B3 – one particular of the world’s greatest monetary marketplace infrastructure firms and the largest in the area – via Colt PrizmNet.
By continuing to fortify its protection in the Americas, Colt is offering worldwide capital current market info suppliers and buying and selling firms with easier, a lot more value-effective obtain to crucial venues in the region. This expansion can make Colt one of the very first economical extranet companies to provide obtain to B3 from all of its 30+ World-wide PrizmNet PoPs and trade colocation venues and to on net customers throughout its international money markets ecosystem of 160+ exchanges, venues and provider companies, and 10,000+ contributors.
Buyers from throughout the world can now simply obtain connectivity, trading and market facts throughout various asset courses from this vital world market. The financial expert services marketplace in the region has professional substantial growth in current decades, with Brazilian money markets going through a time period of enlargement, and extra than 44 providers listing on the Brazilian Inventory Trade this yr, in contrast to 28 in 2020. The selection of retail traders has also grown considerably, from 700,000 in 2018 to more than 3.8 million this yr.
Colt’s Section Director, Funds Marketplaces & Asia, Matthew Reinholds, mentioned: “The economic expert services industry in Latin The usa has undergone a quick digital transformation, with sizeable expenditure in FinTech and the relevant architecture. The trend in Latin The usa mirrors that getting area across the environment, where by low-latency connections among economic hubs are altering the way money industry details vendors and trading firms obtain to the world funds markets ecosystem. As these marketplaces proceed to mature, demand for connectivity to essential sector venues has risen, together with the need for trusted very low latency entry to sector data and buying and selling – and, that’s precisely what we’re offering with our growth of Colt PrizmNet into the region and access to B3.”
Colt PrizmNet is a world-wide financial extranet that provides deterministic very low latencies for offering information, software, material and economic services globally to companies in the US, Europe and APAC. PrizmNet also gives a scalable, secure, and reputable platform to rapidly join and aid current market individuals in areas such as multi-industry buying and selling, info, finest execution and algo screening.
Colt PrizmNet is underpinned by the Colt IQ Network – a 100Gbps optimised clever network – dispersed to additional than 29,000 on web structures, 900 data centres and hundreds of details network connection factors about the globe. With overall flexibility and agility to meet up with the market’s demands, Colt continues to enrich its connectivity providing to ensure its industry management across the planet.