Cobalt chooses Solace for post-trade information processing

The move aims to guarantee incoming messages can be processed consistently, especially during bursts of heightened market activity

Andy Coyne at Traiana
Andy Coyne: “Solace plays a mission-critical role by guaranteeing the rapid, reliable delivery of massive amounts of information”

Cobalt, a firm that uses distributed ledger to offer post-trade services to clients, has chosen information technology provider Solace to manage the large amount of event-driven data generated during the post-trade portion of a trade’s lifecycle.

By using the technology developed by Solace to route information between applications and devices as efficiently as possible, Cobalt will be able to deliver large volumes of messages at all times, which is particularly important during periods of

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