For nearly two decades, Kestrel has been a leader in creating and improving buy side trading systems for fixed income. We employ some of the sharpest, most experienced minds in fixed income technology. Our consultants will collaborate with you to address your specific challenges — helping you achieve straight-through processing (STP) and manage the ever-increasing data generated in today’s trading environment.

Our buy side solutions are implemented in four steps:

• Assessment – During the assessment phase, Kestrel business analysts take a fine-toothed comb to your company’s workflow, analyzing what information is used to make decisions and what happens after decisions are made. The analysts identify redundant, manual and otherwise ineffective processes to modify or eliminate, in order to achieve straight-through processing
  
  
• Planning – The analysts write up a thorough, detailed report and present the findings to you. The report contains a summary of the problem set and specific recommendations to address each problem. Our goal in the planning phase is to become your technology partner — we’ll work with you to design technology solutions that solve your problems. During this collaboration, we’ll determine to what degree existing technology can be repurposed and what, if any, new functionality must be put in place.
  
  
• Implementation – Once we’ve identified the appropriate software solutions, our developers sit down with your technology staff and work out the best way to achieve a seamless implementation. Our implementation process is highly collaborative, and often includes our consultants working on-site, hand-in-hand with your in-house technology staff.
  
  
• Support – We’re there to support you 24 hours a day, 7 days a week. After the solution has been implemented, we’ll make sure that your system runs smoothly. If you need support personnel on-site at all times to maintain your system, we can provide them.
  
  

The cornerstone of our buy side solution is Karousel, our proprietary portfolio management and order routing system that we’ve been improving and refining for over a decade. In creating a solution for you, we will determine what elements of Karousel, if any, can be used to solve your specific challenges, including:

• Trade order management
• Portfolio management
• Risk management
• Pricing
• Analytics
• Allocations
• Compliance
  
  

To learn more about Karousel, click here.

For more information about our buy side solutions, please call us at 212-440-5999.