Companies

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NetDania

The best alternative to expensive legacy systems for trading, news and analysis

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TTMzero

Fully digitized RegTech and capital markets software solutions

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FairXchange

State-of-the-art analytical tools for trading firms

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Athena

Workflow automations for buy-side participants

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CobaltFX

Leading provider of credit & post-trade FX infrastructure

Products

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Market Data Solutions

Cutting Edge Technology and Market Data.

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Data Visualisation

Advanced Real-Time Data Visualisation

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Trading Technology

Unleash the power of trading platforms.

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Fair Value Pricing

Independent fair value pricing for added transparency where current prices are not readily available

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Evaluated Real-Time Market Data

Independent real-time market data feeds at a fraction of the cost

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Key Figures and Risk Indicators

Precise indications of the risk and return probabilities for financial products

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Financial Instruments Automation Platform

Reliable and cost-effective digitization process for securities and OTC trades

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Liquidity Management

Unparalleled insight into your trading with data visualization

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Athena - OMS/PMS

Highly flexible Investment Management System

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Dynamic Credit

One credit limit - multiple market access points

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Post-trade Automation

Eliminate systemic risk, manual processes and reconciliation

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Trade Notification Network

Enhances your business’ operational robustness and resilience

Athena, your OMS/PMS platform

  • Dynamic as your business
  • Manage your entire investment process
  • Instantly assess risks & monitor performance
  • Record financial transactions real-time
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October 5th 2023

2 min read

CobaltFX: Award-Winning Innovator Transforming the FX Market

CobaltFX wins Best Market Innovation Award

The landscape of financial technology adoption moves at a snail’s pace. The FX market seeks next-generation solutions to relight the fires of innovation but is hampered by regulation that slows the ability to upgrade market operations. Ground-breaking innovation has to be developed by people who understand the FX domain but are typically outside those organisations. This is particularly true for issues that are long overdue for addressing and starting to attract regulatory attention. These solutions not only modernise operations but also address real-world challenges. 

Stepping into this space with groundbreaking innovation is CobaltFX, the recent winner of the EuromoneyBest FX Market Innovation” award. In this article, we take a closer look at the company that set out to reengineer the world of FX and how this award and a recent mention of this approach in a GFXD report is a testament to this journey.

Elevate FX Revenue with CobaltFX

Financial institutions are very much focused on revenue and CobaltFX’s solutions are focused specifically to help them in that regard. The platform’s core strength lies in its ability to automate real-time credit distribution. Shifting from the static and manual over-allocation of credit to a dynamic real-time solution from a central and single limit set. CobaltFX eliminates the systemic risk of over-allocation, automating and simplifying credit distribution.

At the heart of CobaltFX’s design is the goal to streamline operations, and remove the burdensome overhead of allocating to multiple market access points simultaneously and statically. CobaltFX champions the notion of shared infrastructure, which allows for unparalleled visibility into counterparty credit limits, exposures, and positions. By centralising and mutualising both pre and post-trade processes in one system, cost efficiencies are realised. Furthermore, the platform’s commitment to removing manual, error-prone processes drastically reduces ticketing costs, ensuring all FX trades are united in one efficient solution.

Greater profitability and reduced credit exposure? CobaltFX Has You Covered

CobaltFX’s approach to credit not only uses less credit but risk offsets created to provide deeper liquidity and better profit opportunities. Added to this are the compression modules that CobaltFX has built which look for credit offsets to deliver more trading opportunity and balance sheet relief.

Conclusion

In an age where fintech innovations often promise more than they deliver, CobaltFX stands out as a genuine innovator. As a partner company of United Fintech, with roots in over 10 countries, CobaltFX showcases what’s possible when industry experts come together with a unified vision. 

CobaltFX’s recent recognition for “Best FX Market Innovation” is a testament to its commitment, not just to innovative solutions but also to future-proofing FX operations.

The company’s commitment to deliver excellent services lies also in long-term sustainability and responsibility towards the environment and society. This dedication has been recognised by Euromoney as the Best FX ESG Initiative. 

Read more about the award here. 

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