NEX to Test New Distributed-Ledger Platform

The platform, called NEX Infinity, will test reconciliation and data services for FX and cash equities.

Jenny Knott, NEX Optimisation

The platform, called NEX Infinity, helps clients reduce complexity across the transaction lifecycle by providing a different way to deliver services and unifying data, specifically through a cloud-based distributed-ledger and artificial intelligence microservices. It is seen to provide a means to bring together fragmented data and ease the number of reconciliations companies have to do, says NEX Optimisation COO David Thompson.

“The challenge we have today is the fragmentation of the data in th

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