Radianz's infrastructure will enable CLSA to transmit indications of interest (IOIs), route orders, report executions on a real time basis, and more for its clients that rely on it for trading on the Asian markets including Hong Kong, Australia and New Zealand.

Rajah T, chief information officer of CLSA said, "In Radianz, we will gain a partner that will enable us to interact with our clients and trading partners throughout our region and around the world in the most efficient manner possible."

"Radianz is connected to 10,000 financial services sites worldwide, including more than 2,700 in Asia. It is the largest platform designed to support FIX - and we can leverage it for connectivity to our trading partners and clients versus having to make a large IT investment in new infrastructure."

"CLSA also will benefit from Radianz's presence throughout Asia. We will be able to talk 'live' to someone at Radianz who works in a sales office or a local-global support center should we need to add a customer, reconfigure our service or get a question answered."

Chris Church, EVP strategic client development at Radianz said, "The globalization of electronic trading requires providers to increase the scope of their service to reach as many counter parties as possible worldwide, while providing 24X7 support. The market infrastructure approach is growing in acceptance because it meets the industry’s needs -and provides secure, cost-effective FIX connectivity."