Deutsche FX Vet Joins as Collabera Digital Acquires Digiterre
Posted by Colin Lambert. Last updated: September 27, 2023
Digital engineering services provider Collabera Digital has announced the acquisition of software and data engineering consultancy Digiterre, to help its plans to deliver next-generation, data-led innovation and AI advancement.
As reported in the weekly newsletter from The Full FX on 19 August, Ian O’Flaherty, former global head of spot FX trading and e-FX sales at Deutsche Bank, has joined the firm as financial services lead, to coincide with the acquisition.
Digiterre has largely focused on energy and commodities markets, but is believed to be pushing to deliver its software and data engineering solutions into the FICC space.
“By combining Digiterre’s deep expertise in advanced data driven software engineering along with our global scale in digital engineering, we are well positioned to deliver new age digital transformation solutions leveraging the power of talent and generative technologies,” says Hiten Patel, chair of Collabera Group.
Ian Murrin, founder and CEO of Digiterre, adds, “By combining our strengths with Collabera Digital’s scale and strong client-facing presence globally, we will be able to deliver a broader range of high-quality solutions across the entire software delivery lifecycle and continue to address our clients’ most demanding business challenges, to help them bring about change, at significant scale, supported by a network of global offices. Digiterre will maintain its autonomy as an independent unit within the Collabera Digital group, leveraging its vast array of services and capabilities for the benefit of our clients. This setup will enable us to remain focused on tackling the complex, high-risk, time-sensitive, and often ill-defined client challenges that we have become known for in the sectors we service.”