ESI: Eclipse Software, Inc.

Who We Are
What We Do
- System Development Support
- Business Consulting Services
  - Information Technology
  - Training and Documentation
Areas of Expertise
Contact Us

Eclipse is a specialty IT consulting firm serving the financial services industry. We have extensive experience working with broker/dealers, commercial banks, investment banks, and insurance companies.

Eclipse specializes in complex mid- and back-office business applications. We provide end-to-end services, from feasibility studies to requirements gathering and documentation, from system design through development to production roll-out and support.

Eclipse has refined its experience into both a well-defined methodology and an architectural approach that have proven extremely successful in the financial industry. Details can be found starting with the page Architecture.

As a result of this focus and experience, Eclipse is able to provide services tailored specifically to your needs. We have the skills to produce high-quality deliverables under the most demanding conditions, at a cost consistently below that available elsewhere.

What We Do

Eclipse offers two complementary services: system development support and business consulting services.

Expertise: Trading P&L

As an example of our depth of experience, refer to Inventory and Trading P&L. This provides the most comprehensive treatment of trading profit and loss available anywhere, on-web or off.

The discussion covers all securities types. It addresses both realized and unrealized P&L in depth. And it explains how to handle all events, not just simple buys and sells. For example, it addresses corrections, cancellations, calls and conversions, write-downs, maturation, and assignment and expiration.

System Development Support

We provide support for the complete system development life cycle, including:

Analysis.
Specification.
Design.
Programming.
Documentation.
Installation.

We will manage the entire effort, or we can provide assistance on those portions where you have more focused needs.

Successful projects include:

Line-of-business operations.
Back-office applications.
Financial systems.
Decision support software.
Systems integration.

All work is produced with complete client participation and review. Once the software is installed, we will provide on-going assistance and support to insure that you continue to obtain the maximum benefit from your system investment.

Business Consulting Services

Eclipse offers a comprehensive range of consulting services. We can provide assistance to you in areas where you might not have the requisite expertise. We can lend a hand when you face stringent deadlines. We can also tackle jobs to which you might not want to dedicate one of your full-time staff members.

Information Technology

Design and code reviews.
Maintenance of existing systems.
Programming assistance for your staff.
System audit and evaluation.
System and data conversion.
System implementation assistance.
Reconciliations.

Training and Documentation

Development of policies and procedures.
Training for your technical staff.
Training for your end-users.
Documentation: technical, functional, and operational.

Areas of Expertise

Eclipse specializes in mid- and back-office functions associated with a wide variety of business processes.

Investment Products

U.S. Treasury and Agency issues.
Corporate bonds.
Equities.
Global debt and equity instruments.
Financial options and futures.
Retail and commercial mortgage-backed securities.
Asset-backed securities.
Collateralized mortgage obligations.
Swaps (FX and interest-rate) and swaptions.
Caps and floorts.
Short-term notes (bid notes).
Medium-term loans.

Transaction Types

Firm and customer trades, with complete figuration.
Repurchase agreements.
Commercial loans.
Corrections and cancellations.
Repricings and rate changes.
Prepayments.
Syndications and participations.
Pair-offs and roll-overs.
Loans and sold funds.
Coupon payments.
Redemptions and conversions.
Assignments and expirations.
Full and partial settlement.
Dividends.

Processing Functions

Trade entry.
Maintaining trade date and settlement date inventory.
Full stock record.
Profit and loss calculation: realized, unrealized, amortization / accretion.
Bond interest accrual.
Funding income and expense.
Risk management, particularly market risk.
Calculation of trade and position analytics.

Technology

Database: logical design, physical design, stored procedures. This is at the core of what Eclipse offers.
Application design.
Procedural programming.
Report design and development.
Job scripting and control.
Software development methodologies.

Contact Us

Eclipse Software, Inc.
2 Daniel Drive
Hillsborough, New Jersey 08844-3012
212 727-1136

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Who We Are