CobaltFX launches alternative FX messaging service to combat post-trade pain points
New offering will provide alternative choices for post-trade FX messaging in the event of cyberattacks and other forms of failure in the FX market.
New offering will provide alternative choices for post-trade FX messaging in the event of cyberattacks and other forms of failure in the FX market.
New solution will help the two firms manage credit exposures for their respective financial institutions, addressing ‘overly manual processes’.
The rebranded firm will now focus entirely on FX, with plans for a ‘spin off’ digital assets division to launch in parallel at a later stage.