Who We Are

Eclipse is a specialist IT firm providing software and consulting services to 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 within 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.

For information on upcoming events and recent accomplishments, see News & Events.

What We Do

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

System Development

We provide complete system development services: analysis, specification, design, programming, documentation, and installation. We will manage the entire effort, or we can provide assistance on those portions where you have more focused needs.  Successful projects have addressed:

• 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.

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.

System Expertise

• 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.
• Mortgage-backed securities.
• Financial options and futures.
• Equities.
• Corporate bonds.
• Fixed income derivatives.
• Global debt and equity instruments.
• 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.

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.
57 Hobart Avenue, 1st floor
Summit, New Jersey 07901-2808
212 727-1136

E-mail: WS0902@eclipsesoftware.biz.

Last updated: June 8, 2009.   Copyright 2005-2009, Eclipse Software, Inc. (ESI)