Iris Risk Manager^TM is designed for global institutions and offers the most comprehensive range of functionality, the industry's most advanced technology infrastructure, and unprecedented flexibility - all delivered faster than traditional packaged applications.
   
Iris Risk Management addresses the complete range of fixed income instruments and derivatives:

• Interest rate instruments
• Credit instruments
• High yield instruments
• Mortgages
• Structured products (planned)

Position Management & Risk
Iris Risk Management provides you with full functionality to analyze the risk imbedded in your positions, including real-time position, P&L, and risk-management.

Iris Risk Manager capabilities include:

• Factor Exposures for portfolios of positions or orders
  • Principal components models
  • Plug in third-party portfolio factor risk analysis models
• Consolidated view of risk across products
• Slicing and dicing of risk and position data in multiple ways
• View risk at any level in the account hierarchy
• Slice positions or orders by liquidity, industry, and other factors
• Flexible Risk Bucketing capabilities
  • Summary and drill-down risk aggregation information
  • Control over bucket descriptions
  • Risk views can be defined statically or dynamically using the bucket builder
  • Risk views can be defined on a desk or user basis
  • Multi-dimensional bucketing managed via tree-grids
  • Drill down by opening different leaves in the tree to see the next level of detail
  • Two-dimensional grids, where the horizontal and vertical axes are two different bucketing criteria

Flexibility and Scalability
Because Iris Risk Manager is built using our component-based development platform, it is inherently flexible and scalable - our applications allow our customers to leverage maximum functionality, while working in a manner that is perfectly suited to their businesses.

Our applications adapt to our customers - not the other way around. Our customers work and generate profits in their preferred and proven ways using Iris' configurable products. 

Planning For The Future
We will enhance Iris Risk Manager over time with new releases planned for the first and third quarters of each year. In subsequent releases, we will extend functionality for all currently supported instruments, and operational features. We will also incorporate more derivative capabilities in later releases. Should customer demand or priorities change, these plans may be altered to deliver particularly important features earlier in the development cycle.