Eagle PACE Development

June 21, 2008

The Buildmasters development Team has two years of Eagle PACE development experience having built the Operational Data Store (ODS) components of a massive front and middle office change program at one of Autralia’s biggest funds management companies. We have applied our Continuous Integration and SCRUM development methodology to great effect, delivering an incredibly robust solution, which includes over 1000 unit tests and a build/deploy environment that compiles, tests and deploys our solution on average 10 times a day.

This implementation of Eagle PACE involved over 80 data interfaces between the ODS, the internal trading, performance and rec systems, external data providers (Charles River, Bloomberg, Factset, S&P) and our outsources back-office service providers (one in Sydney and one in Shanghai).

We have refined the development of Eagle PACE uploader and exporter components to reduce lines-of-code and provide a robust suite of unit tests to ensure effective QA. We have also built a comprehensive ETL framework, allowing us to build generic re-useable interfaces to Eagle PACE.

Though the project has been a considerable challenge due to complex requirements and dependencies, the resulting system is now running in production 24/7 processing market data, portfolio positions and transactions and security details for an increasing volume of investment portfolios.