Quintessence participated in the design, development and deployment of a front-to-back Fixed Income Trading System at major Investment Banks in North America and Europe. This was an extensive project spanning a period of over five years.

Instruments supported included Corporate Bonds Government and Municipal Bonds Treasury Bills Banker’s Acceptances Mortgage Backed Securities Asset Backed Securities Floating Rate Securities Zero Coupon Bonds CDs	Front Office functionality included Trade Blotters Positions and P&L displays Middle Office functionality included Trade verification and enrichment Trade confirmations Back Office functionality included Settlements – Physical and Financial Accounting - GL Interfaces with SWIFT, FedWire, Chips
Core Functionality included: Price – Yield Calculators Position Keeping (FIFO, LIFO) P&L Computation: Weighted Average Price Trade Pairing Accruals, Coupon, and Maturity processing