CFH Clearing Announces Launch of ClearVision, Expands Suite of Product Offerings

Wednesday, 09/10/2013 | 02:30 GMT by Steven Hatzakis
  • London based Prime of Prime (PoP) solutions provider, with over $1.5bln in interbank credit lines, moves ahead to expand FX market-share with new product offering aimed towards buy side FX brokerages.
CFH Clearing Announces Launch of ClearVision, Expands Suite of Product Offerings
ClearVision

The London based inter-bank Liquidity providerCFH Clearing, which specializes in FX Prime of Prime (PoP) solutions has announced the launch of a new suite of products under the name ClearVision. The offering covers six categories of the sell-side trading spectrum and combines PoP solutions and trading technology aimed primarily at tier I and tier II brokerages.

ClearVision can either connect to a broker's own liquidity and independently of CFH Clearing or directly connect with CFH Clearing’s pool of leading Tier 1 banking relationships. Below is a list of the six products under the ClearVision suite, each covering a distinctive function for brokerage execution, pricing and Risk Management and include a block allocation tool for fund managers:

  • ClearControl – Feed management and B-book engine, both configurable in real-time.
  • ClearPortal – The Client Account Management System to create and configure client accounts and trading related settings.
  • ClearAllocate – The Block Trading tool for Fund Managers.
  • ClearRisk – The Risk Management tool for the dealing desk with overview of client accounts and direct market access.
  • ClearDealer – Dealing Interface with Direct Market Access.
  • ClearAccess – The Back Office APIs, enables the broker to integrate their own back office systems and build localised reports.

According to the company, the new suite of products available under the ClearVision line include advanced risk management tools to cater to brokers who manage their own dealing desks and can be integrated via: FIX 4.4, MT4, MT5, tradable, ClearPro, ClearWeb, Vertex and Act.

The Big Picture

CFH Clearing

The new suite of products under ClearVision have been designed as a modular system in order to enable firms to choose from an À la carte style menu to either take the whole package or specific tools depending on each broker's particular needs.

This launch was noted by the company as a major evolutionary step for CFH Clearing, which has already established itself as the global leader in Prime of Prime solutions with over $1.5bln in interbank credit lines, and over 400 institutional clients in 82 countries. As explained in the press release, ClearVision was developed to offer cutting-edge tools required by brokers to manage an increasingly complex business with multiple trading platforms, liquidity providers, back office systems, and risk books.

The news follows the major pivot the company undertook earlier in June after rebranding from CFH Markets to CFH Clearing in order to more accurately reflect the scope and size of its liquidity (and business) as one of the largest STP interbank venues according to CFH Clearing. The company also recently announced the addition of Bank of America Merill Lynch as its new Primary Prime Broker, and the news today aims to further expand its business and offering.

I Can See Clearly Now

Apparently the word choice for the new product was clearly designed with the company name in mind, the business it's in, and the aim to build equity in a new brand offering. Each product in the suite is preceded by the word "Clear" and then the attribute of the product (i.e. Risk, Dealer, etc...).

Mr. Lars Holst

Mr. Lars Holst

Commenting on the new product launch, Lars Holst, CEO of CFH Clearing said, “with ClearVision we take it to the next level.” Mr. Holst further added, “over the past five years we have been fortunate to work closely with some of the leading brokers in the world and it became obvious to us that they were consistently looking for the same two things: control and transparency in both their liquidity offering and their technology partner."

ClearVision

The London based inter-bank Liquidity providerCFH Clearing, which specializes in FX Prime of Prime (PoP) solutions has announced the launch of a new suite of products under the name ClearVision. The offering covers six categories of the sell-side trading spectrum and combines PoP solutions and trading technology aimed primarily at tier I and tier II brokerages.

ClearVision can either connect to a broker's own liquidity and independently of CFH Clearing or directly connect with CFH Clearing’s pool of leading Tier 1 banking relationships. Below is a list of the six products under the ClearVision suite, each covering a distinctive function for brokerage execution, pricing and Risk Management and include a block allocation tool for fund managers:

  • ClearControl – Feed management and B-book engine, both configurable in real-time.
  • ClearPortal – The Client Account Management System to create and configure client accounts and trading related settings.
  • ClearAllocate – The Block Trading tool for Fund Managers.
  • ClearRisk – The Risk Management tool for the dealing desk with overview of client accounts and direct market access.
  • ClearDealer – Dealing Interface with Direct Market Access.
  • ClearAccess – The Back Office APIs, enables the broker to integrate their own back office systems and build localised reports.

According to the company, the new suite of products available under the ClearVision line include advanced risk management tools to cater to brokers who manage their own dealing desks and can be integrated via: FIX 4.4, MT4, MT5, tradable, ClearPro, ClearWeb, Vertex and Act.

The Big Picture

CFH Clearing

The new suite of products under ClearVision have been designed as a modular system in order to enable firms to choose from an À la carte style menu to either take the whole package or specific tools depending on each broker's particular needs.

This launch was noted by the company as a major evolutionary step for CFH Clearing, which has already established itself as the global leader in Prime of Prime solutions with over $1.5bln in interbank credit lines, and over 400 institutional clients in 82 countries. As explained in the press release, ClearVision was developed to offer cutting-edge tools required by brokers to manage an increasingly complex business with multiple trading platforms, liquidity providers, back office systems, and risk books.

The news follows the major pivot the company undertook earlier in June after rebranding from CFH Markets to CFH Clearing in order to more accurately reflect the scope and size of its liquidity (and business) as one of the largest STP interbank venues according to CFH Clearing. The company also recently announced the addition of Bank of America Merill Lynch as its new Primary Prime Broker, and the news today aims to further expand its business and offering.

I Can See Clearly Now

Apparently the word choice for the new product was clearly designed with the company name in mind, the business it's in, and the aim to build equity in a new brand offering. Each product in the suite is preceded by the word "Clear" and then the attribute of the product (i.e. Risk, Dealer, etc...).

Mr. Lars Holst

Mr. Lars Holst

Commenting on the new product launch, Lars Holst, CEO of CFH Clearing said, “with ClearVision we take it to the next level.” Mr. Holst further added, “over the past five years we have been fortunate to work closely with some of the leading brokers in the world and it became obvious to us that they were consistently looking for the same two things: control and transparency in both their liquidity offering and their technology partner."

About the Author: Steven Hatzakis
Steven Hatzakis
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About the Author: Steven Hatzakis
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