ABN Amro Signs with Cobalt
Posted by Colin Lambert. Last updated: September 5, 2022
Just a week after signing NatWest Markets as a client, FX and digital assets risk and data services provider Cobalt has announced ABN Amro Clearing has signed up to use Cobalt’s credit and post trade ledger services to help and support the growth of its OTC FX product offering.
Cobalt is integrating ABN Amro Clearing’s FX prime brokerage liquidity providers and trading venues to manage all trade executions, thus providing complete trade management for ABN Amro Clearing as well as access to Cobalt’s full product suite, including credit management, trade matching, trade compression, payment compression and optimisation.
“Through the sponsorship model, all of ABN Amro Clearing’s FXPB clients will benefit from real-time transparency and alerts driven by the shared infrastructure, bringing them and their clients vast efficiency gains,” Cobalt says.