This paper describes how .NET Framework 2.0 was used to integrate a strategy execution management system with grid-enabled trade order analytics and financial markets data management platform. Integration details and functional overviews of respective solutions are provided.

View complete Integrating the Trading Value Chain via .NET Framework white paper PDF. (This document requires the free Adobe/Acrobat Reader.) 9 pages, 580KB

Introduction

Many customers in the Securities and Capital Markets industry rely on products from Independent Software Vendors (ISVs) to obtain solutions for their business needs. These products usually come from different ISVs and they are based on different technologies. Very often, customers are confronted with significant post-purchase deployment and integration costs if they need various ISV products to communicate and exchange data with each other.

This paper describes how Microsoft partners 4th Story, Digipede Technologies and Xenomorph Software paired and pre-integrated their product offerings to eliminate post-purchase integration costs for customers who use Microsoft’s platform in their business. Seamless integration that includes a Strategy Execution Management System with grid-enabled trading analytics and enterprise-grade data management was realized using .NET Framework 2.0. Details of this integration effort are described herein, together with functional overviews of relevant partner products.

Integration Objectives

The following objectives were established at the beginning of the project:

• Minimize the time and effort required for customers in Securities and Capital Markets to identify profitable new trading strategies.
• Support development in an open-ended, state-of-the-art component-based software development environment, with the most advanced tools available. Support component re-usability.
• Achieve ease of programming equal to or greater than that available with common desktop applications.
• Provide access to common desktop-based tools and applications.
• Provide for pluggable value-added service providers, especially for market and fundamental data.
• Support open-ended configurability. Provide adapter interfaces to supporting external services such as a security master, market data access, order management and position management.
• Support multi-channel client access.
• Provide convenient component and application scalability to very high volume trading and highly complex trading rules.

White paper contents

• 1 Introduction
• 2 Integration Objectives
• 2 4S Design Overview
• 3 Xenomorph Design Overview
• 4 Digipede Network Overview
• 5 Integrating Market Data
• 7 Integrating Trading Strategies with Grid Computing
• 9 Conclusion
• 9 References

Download white paper

View complete Integrating the Trading Value Chain via .NET Framework white paper PDF. (This document requires the free Adobe/Acrobat Reader.) 9 pages, 580KB