Cobalt goes live on BT Radianz

With this latest development, the firm is bringing the FX post-trade world to a new level

Adrian Patten
Adrian Patten: we have built a solution that addresses specific and pressing post-trade challenges in the FX industry

Cobalt is bringing its post-trade distributed ledger-based technology to the cloud, which the firm says will revolutionise the foreign exchange industry’s post-trade infrastructure.

To bring this transformation to bear and reach a worldwide clientele, the technology provider collaborated with BT to take advantage of the telecoms firm’s Radianz Cloud – a secure network connecting thousands of financial institutions, from brokers to exchanges, clearing and settlement houses.

“While other firms

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