London-based fintech Cobalt says it has landed a job for ABN Amro Clearing to provide “Cobalt’s credit and post trade ledger services to help and support the growth of their OTC FX product offering”.
“Cobalt is integrating ABN AMRO Clearing’s FX Prime Brokerage liquidity providers and trading venues to manage all trade executions,” says Cobalt in a press release.
“This provides complete trade management for ABN AMRO Clearing with access to Cobalt’s full product suite, including credit management, trade matching, trade compression, payment compression and optimisation.”