Copper, the UK-based provider of services for digital assets, has hired a team of managers for its prime services business. Michael Roberts will lead the new team, joining from Bank of America Merrill Lynch, where he was a managing director and head of the bank’s prime platform for EMEA. Roberts will be joined by former BAML directors Adam Groom and Paul Barham, who most recently led relationship management and product development respectively, for BAML’s prime platform in EMEA. Supporting this senior team are Ben Carr and Ross Budgen, who add expertise in product development, account management and analytics. The new intake will work with Copper’s existing team to accelerate the expansion of prime infrastructure, in terms of custody, collateral management and hedging services, as more prime brokers join the Copper ecosystem and its proprietary ClearLoop network.
