This follows a sustained period of live operation at a leading tier-1 bank.

ClearDeal is designed for financial institutions that plan to offer their clients electronic trading facilities using industry standard protocols, thus minimising the length of time taken to on-board customers.

ClearDeal, currently supporting a full range of FX instrument types, has been engineered specifically for organisations that trade over FIX, allowing for rapid on-boarding of customers, resulting in significant costsavings and reduced time to market.

Unlike vendors who have FIX enabled their legacy solutions, creating bottlenecks as a result of the requirement to transform data for FIX compliance, ClearDeal is a new solution designed with FIX at its core. ClearDeal is part of a comprehensive FIX solution, encompassing software solutions, expertise and services including selection of the FIX engine, systems integration, testing and on-boarding of customers.

Andrew Amos, founder and Managing Director at TriAlius stated "The launch of our new ClearDeal system marks an exciting time in the history of the TriAlius business. Having worked for a number of years with both sell-side and buy-side companies, to on-board them for FIX trading purposes, we are uniquely positioned
to provide a combination of both software solutions and services to the FIX community"

Pritam Kamat, Technical Director at TriAlius added "Having designed the system around the FIX protocol, no inefficient message transformation has to occur. The system is able to recognise the FIX format directly and as such is extremely efficient in its processing. This ensures that trading decisions are taken with the most up-to-date pricing information available".

ClearDeal has been implemented currently supporting the CameronFIX engine, and is compatible with all current versions of FIX. Further development plans include the addition of other instrument types.