Kestrel’s comprehensive fixed-income business and engineering expertise has led to a set of software products that yield substantial benefits for broker dealers and asset managers. Kestrel’s current products include the following:



RAPTr is one of the industry’s most advanced sell-side, fixed-income trading and risk management systems, providing high performance matrix pricing, risk management, and price publishing capabilities.



Karousel provides buy-side asset allocation, compliance checking and order
management functionality. Additional capabilities include electronic
execution and reporting.



Katalyst is a fixed-income electronic transaction and sales system that
supports good-on-the-wire, negotiated and subject markets – in other words,
an “Electronic Communications Network (ECN) in a Box”. Katalyst supports
market-making activities between disparate ECN’s, including the Internet,
Bloomberg BBT, and Bloomberg’s private dealer pages. Electronic and
negotiated execution is available on each. The system can provide multiple
disjoint markets in the same issue that may be routed simultaneously to
different user communities.