The trial, which starts in September, is available to all life & pensions companies that submit their sales data.

Financial-Clarity offers a wide range of analytics and data management tools for the financial services industry. Life & pensions providers can use Financial-Clarity to access all of the sales transaction data to benchmark their performance against their competitors and gain a unique level of insight into their retail sales, marketing and distribution activities across the entire marketplace.

Ian Beaumont, chief executive officer at Matrix Solutions said:
"This free trial will provide Life & Pensions providers with a unique opportunity to see the value that real-time market intelligence can bring to their business. Previous trials for fund management groups and platforms have resulted in us being able to provide 95% market coverage and we are expecting similar results from the life & pensions sector. Already, more than ten of the largest life & pensions companies have signed up for this trial. This means they can see exactly who is selling how much of their product, as well as when and where these sales are taking place."

In order to address the specific demands of today's annuities, savings and protection companies, Matrix has developed Financial-Clarity to work seamlessly across all devices and platforms, including iPads and smartphones, allowing for easy access to information while on the move. Financial-Clarity has also been proven to be faster at accessing dashboards and information at a more granular level. Matrix will be showcasing these latest developments on 31st October at its fifth Annual Financial Clarity seminar, which is to be held at the Shard in London.

Ian Beaumont, chief executive officer at Matrix Solutions concludes:
"What has historically been a clouded and impenetrable marketplace has now been laid open to every life & pension company, which explains why this trial is already proving to be so popular. Firms using Financial-Clarity can now benefit from an incredibly powerful market intelligence tool that enables them to adopt real-time, sales-led distribution strategies to drive their revenue growth."