Cobalt, the FX post-trade processing network based on distributed ledger technology, has joined the BT Radianz Cloud. Organisations can now access Cobalt’s private peer-to-peer and blockchain services via their highly secure and resilient Radianz Cloud connections, helping firms reduce cost and operational risk. By joining the Radianz Cloud community, Cobalt gains global connectivity to thousands of financial services institutions as well as access to BT Radianz Hosting services.
Adrian Patten, Co-Founder of Cobalt, comments: “We recognise that using innovative technologies is key to making a cost-effective shared infrastructure a reality. It’s vital that the infrastructure used by institutions is secure and enterprise grade. We are delighted to be working with BT to make sure that Cobalt leads the pack in terms of these requirements.”