TriAlius says that ClearDeal, which currently supports a full range of FX instrument types, has been engineered specifically for organizations that trade over FIX, allowing for rapid on-boarding of customers, resulting in cost savings and reduced time to market.
Unlike vendors that have FIX-enabled their legacy systems, creating bottlenecks as a result of the requirement to transform data for FIX compliance, ClearDeal is designed with FIX at its core.
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.
