Title :
Adaptive Common Platform Services for the FCM
Author :
Yu, Chang-Sung ; Chang, Allen Y. ; Chen, Shu-Min
Author_Institution :
Dept. of Bus. Adm., Nat. Taiwan Univ., Taipei, Taiwan
fDate :
March 31 2009-April 2 2009
Abstract :
Traditional proprietary IT system development method for the Futures Commission Merchant (FCM) is insufficient to catch up with fast changing pace of globalization. Thus, major futures exchanges and FCMs around the world have been actively seeking for low cost development infrastructures such that the revision, upgrade and maintenance can be accomplished within the least amount of time. We propose a common platform infrastructure that divides the IT system for the FCMs into common module and customization module. Each module can then be developed independently based on common API. Not only can such infrastructure be suitable for the front-end, middle-end and back-end systems of the FCMs, but widely applied to the market information and surveillance systems development as well.
Keywords :
application program interfaces; commodity trading; financial data processing; globalisation; API; FCM; Futures Commission Merchant; IT system development method; adaptive common platform service; back-end systems; common module; customization module; front-end system; globalization; low cost development infrastructure; maintenance; market information; middle-end system; revision; surveillance systems development; upgrade; Computer science; Consumer electronics; Costs; Feeds; Information security; Investments; Network servers; Protocols; TCPIP; Virtual private networks; Adaptive Systems; Common platform; FCM; IT Service; Network Protocol;
Conference_Titel :
Computer Science and Information Engineering, 2009 WRI World Congress on
Conference_Location :
Los Angeles, CA
Print_ISBN :
978-0-7695-3507-4
DOI :
10.1109/CSIE.2009.949