IRIS FINANCIAL ANNOUNCES FIXED INCOME FRONT OFFICE. Fixed Income Front Office provides market-leading trading and connectivity functionality

8th June 2004, New York, SIA Conference: Building on its current fixed income solution, in use today at market-leading banks, Iris Financial announced the release of the Fixed Income Front Office, a complete system covering pricing, risk, trade capture, quote management and connectivity for government and corporate bonds.

The Fixed Income Front Office is built on Iris Financial’s asset-neutral Component Services Architecture (CSA) technology, which provides high-performance, connected trading and financial management systems. Applications built using the CSA provide the user with rapid and controlled customization, ease-of-integration with legacy systems and real-time performance. Several solutions are currently being used for high-volume, real-time trading in both debt and equity markets.

Aviv Handler, VP of Product Strategy said:

"Large and small fixed income trading organizations must find profitability in today’s real-time markets which can be achieved by offering their clients a superior service and executing competitive market trading strategies.

Iris Financial’s asset-neutral approach provides users with complete real-time trading and risk in one system, connected to both the market and clients. This release represents the first in a series, building out our front office product range."

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