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Fixed Income Front Office



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To succeed in today's hybrid electronic markets all your unique needs must be met within one system, available for you and your clients to use, tailored to suit any purpose.  With solutions already live at top financial institutions, Iris Financial’s Fixed Income Front Office solution provides a sound tool for any competitive fixed income desk.

The solution is built using Iris Financial’s Component Services Architecture technology to give you:


 *One System – trade capture, pricing, real-time risk, quote and order management - all on one screen.
 *Client Connectivity – offer clients personalized facilities to increase your service offering.
 *Market Connectivity – operate in any electronic market, and respond at speed.
 *Asset-Clustering – seamless integration with derivatives functionality, achieved using asset-neutral technology.
 *Controlled Flexibility – a system that is customized to your exact requirements, situation and trading structure.

One System

Trade Capture: Trade capture, quick trade, trade blotters and other tools all supplied in an intuitive GUI built around the trader’s workflow.  Each trader or trader-group can extensively tailor their workstation while benefiting from all other centrally-managed facilities.

Pricing: Iris Financial offers the fast matrix pricing required for the market today due to its use of CSA technology.  Any set of analytics, or pricing methods, can be ‘plugged’ into the system with no loss of performance. Iris Financial offers a comprehensive range of widely used, out-of-the-box analytics as standard, for a wide range of instruments including Euro Government Bonds, US Treasuries, European and US Corporate Bonds, Agencies etc.

Real-time Risk: Position-keeping, P&L and desk-risk analytics.  CSA technology is used to provide a true real-time system either using internally or externally sourced data.  A comprehensive range of metrics such as DV01, duration and convexity are calculated in real time.

Quote and Order Management:  Integrated RFQ and quote management functionality, fully integrated with pricing, trade capture and risk, permitting management of the trade from price discovery to booking.

Client Connectivity

To compete in today’s environment, you must be able to offer your clients a full range of services, linked in real-time to your trading and sales operations. The Client Connectivity solution gives you the ability to differentiate yourself by offering easily customizable, integrated functionality to any party. 

Market Connectivity

Iris Financial offers full, seamless integration with electronic markets and ECNs by using a standard infrastructure to connect to any provider or gateway.  Out-of-the-box integration is available with SoftSolutions!  XTrade!Square gateway which connects to over 15 European markets.

Asset Clustering

The link between fixed income and corresponding derivatives, for both market risk and credit trading, is becoming stronger as markets evolve. Iris Financial’s asset-neutral approach means that all assets can be supported within one system. 

Controlled Flexibility

The system can be installed ‘off-the-shelf’ or tailored to meet specific needs using the CSA’s customization ability. This gives you a system customized to all of your needs, implemented in the timeframe of an ’out–of-the- box’ package.

CSA fixed income components are built using the CSA platform, which ensures that they will scale, perform, evolve and connect as the business requires.

Keywords
asset-clustering
bonds
client connectivity
component services architecture
convexity
CSA technology
DV01
ECN
ECNs
Euro government bonds
European corporate bonds
European markets
financial institution
fixed income
fixed income desk
front office
Iris Financials
market connectivity
markets
matrix pricing
one system
order management
position keeping
price discovery
pricing
Profit and Loss
quick trade
quote management
real-time
real-time risk
RFQ
SoftSolutions
trade capture
trader
trader workflow
traders
US corporate bonds
US Treasurey bonds
US Treasuries
Xtrade!Square


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Vendor: Iris Financial


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