Cobalt has appointed foreign exchange (FX) specialist Anoushka Rayner as new global head of sales and business development.
In her new role, Rayner will be responsible for managing Cobalt’s commercial relationships and she will play a key role in scaling up the business as it gets ready for its launch later this year.
Rayner has over 20 years of experience in the FX industry and has held a number of high-profile roles.
Most recently, Rayner served as a business manager and global FX specialist at Traiana.
Prior to this, she worked as a sales director at smartTrade Technologies and as global head of FX option sales at FXCPro, the institutional arm of Forex Capital Markets.
Darren Coote, managing director of Cobalt, commented: “We are very pleased to welcome Anoushka Rayner to our ranks as we work towards re-engineering the largest and most liquid financial market in the world.”
“She brings a wealth of experience and contacts to Cobalt and is a key part of our plans as we prepare to launch later this year.”
Commenting on her new role, Rayner said: “Current post-trade FX service providers and infrastructure are shackled by legacy technology and inefficient processes which are unfit for purpose.”
“This increases costs for market participants and poses significant operational and systemic risk to the FX market.”
Rayner added: “I’m excited to be working for Cobalt as I believe it poses the single biggest innovation to post-trade FX in the last 15 years and look forward to playing my part in creating a shared infrastructure which will benefit the entire market.”
