The Australia and New Zealand Banking Group (ANZ) has integrated CobaltFX’s Dynamic Credit platform to manage its FX trade credit exposure management across interbank trading venues. The move underscores ANZ’s commitment to adopting innovative, real-time solutions for FX credit management that centralise and optimise the distribution of credit across multiple trading venues from a single, global limit.
The partnership with CobaltFX, a United Fintech company specialising in automated pre and post-trade infrastructure, not only eliminates the need for credit carve-outs but also enhances market access for ANZ, offering significant benefits to its customers, counterparties, and the bank itself by reducing credit usage and operational risks while improving liquidity access.
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