This whitepaper explains how Cobalt uses Kx technology and blockchain inspired concepts to modernise FX post trade processing. As FX volumes exceed 5 trillion dollars daily, legacy post trade systems struggle with inefficiency, duplicated records, and reconciliation failures. Cobalt integrates Kx for high performance trade normalisation, reconciliation, and storage in kdb+, while Babylon provides immutable storage of SHA 256 hashes to ensure records cannot be altered. This hybrid architecture delivers scalability, regulatory compliance, privacy protection, and up to 80 percent cost reduction, with broader applications across financial markets and other data intensive industries.

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