Press Release

ABN AMRO Clearing Bank sign up to Cobalt’s credit and post trade ledger services

5th September 2022 – London

Cobalt, the provider of critical risk and data services to the FX and Digital Asset markets, are pleased to announce that ABN AMRO Clearing have signed up to use 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. 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. 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.