Title :
ContextMetrics™: semantic and syntactic interoperability in cross-border trading systems
Author :
Jovellanos, Chito
Author_Institution :
Forward Look Inc., Boston, MA, USA
fDate :
30 March-2 April 2004
Abstract :
We describe a method and system for quantifying the variances in the semantics and syntax of electronic transactions exchanged between business counterparties. ContextMetrics™ enables (a) dynamic transformations of outbound and inbound transactions needed to effect ´straight-through-processing´ (STP); (b) unbiased assessments of counterparty systems´ capabilities to support STP; and (c) modeling of operational risks and financial exposures stemming from an enterprise´s transactional systems.
Keywords :
business data processing; electronic trading; enterprise resource planning; open systems; risk management; transaction processing; ContextMetrics; business counterparty; cross-border trading systems; electronic transactions; financial exposures; operational risks; semantic interoperability; straight-through-processing; syntactic interoperability; transactional systems; Application software; Business; Computer applications; Consumer electronics; Context modeling; Data security; Forward contracts; ISO standards; Middleware; Telecommunication computing;
Conference_Titel :
Data Engineering, 2004. Proceedings. 20th International Conference on
Print_ISBN :
0-7695-2065-0
DOI :
10.1109/ICDE.2004.1320053