NEX Optimisation Gets First Third-Party Provider for Infinity Platform

The company partnered with post-trade payments solution provider Baton.

fx
The Baton and NEX solution will ease payments for FX trades.

Baton Systems, a payment infrastructure provider, joined the NEX Infinity platform to deliver its post-trade solution for foreign exchange (FX) spot transactions. The service makes use of distributed-ledger technology to connect different parties to move assets real time. The solution will be released in the first quarter of 2018.

Arjun Jayaram, founder and chief executive officer of Baton, says partnering with NEX allows it to reach more customers because it can offer its services without need

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