CLSA Ltd, an investment bank and private equity group based in Hong Kong that is also a unit of Credit Agricole/Credit Lyonnais, said today it would use Radianz’ shared market infrastructure for Financial Information exchange (FIX)-enabled connectivity to its buy-side clients.
That 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.
“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,” said Rejah T, CLSA’s chief information officer, pointing out that Radianz is connected to 10,000 financial services sites worldwide, including more than 2700 in Asia.
“CLSA will also 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.”
Radianz is a major provider of secure and scalable connectivity to the global financial community.